Short Interest in Air China Limited (OTCMKTS:AIRYY) Expands By 31.3%

Air China Limited (OTCMKTS:AIRYY) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 2,100 shares, a growth of 31.3% from the October 15th total of 1,600 shares. Based on an average daily trading volume, of 1,800 shares, the short-interest ratio is presently 1.2 days.

Air China Price Performance

OTCMKTS:AIRYY opened at $11.98 on Friday. Air China has a 12 month low of $7.51 and a 12 month high of $14.40. The company’s 50 day moving average is $10.01 and its 200-day moving average is $9.79.

Air China (OTCMKTS:AIRYY) last released its quarterly earnings data on Thursday, August 29th. The transportation company reported ($0.18) EPS for the quarter. Air China had a negative return on equity of 1.50% and a negative net margin of 0.26%. The business had revenue of $5.45 billion for the quarter. Sell-side analysts forecast that Air China will post 0.82 EPS for the current year.

Air China Company Profile

Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services.