China Southern Airlines Company Limited (NYSE:ZNH) Short Interest Update

China Southern Airlines Company Limited (NYSE:ZNHGet Rating) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 5,000 shares, a decrease of 69.5% from the March 31st total of 16,400 shares. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is presently 0.3 days.

A number of large investors have recently added to or reduced their stakes in ZNH. Bank of America Corp DE increased its stake in shares of China Southern Airlines by 11.4% during the second quarter. Bank of America Corp DE now owns 3,944 shares of the transportation company’s stock worth $123,000 after purchasing an additional 404 shares during the period. BlackRock Inc. grew its position in China Southern Airlines by 5.1% during the third quarter. BlackRock Inc. now owns 88,329 shares of the transportation company’s stock worth $2,458,000 after buying an additional 4,311 shares in the last quarter. Citadel Advisors LLC acquired a new stake in China Southern Airlines during the third quarter worth approximately $231,000. UBS Group AG grew its position in China Southern Airlines by 50.5% during the third quarter. UBS Group AG now owns 1,529 shares of the transportation company’s stock worth $43,000 after buying an additional 513 shares in the last quarter. Finally, Signaturefd LLC grew its position in China Southern Airlines by 31.3% during the fourth quarter. Signaturefd LLC now owns 4,903 shares of the transportation company’s stock worth $145,000 after buying an additional 1,168 shares in the last quarter.

Several research analysts have recently weighed in on the company. Zacks Investment Research raised China Southern Airlines from a “sell” rating to a “hold” rating in a research report on Friday, February 11th. Credit Suisse Group lowered China Southern Airlines from an “outperform” rating to a “neutral” rating in a report on Tuesday, March 15th. Jefferies Financial Group lowered China Southern Airlines from a “buy” rating to a “hold” rating in a report on Wednesday, March 23rd. StockNews.com began coverage on China Southern Airlines in a report on Thursday, March 31st. They set a “hold” rating on the stock. Finally, The Goldman Sachs Group started coverage on China Southern Airlines in a report on Wednesday, February 9th. They set a “neutral” rating on the stock. Five investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

NYSE:ZNH opened at $27.18 on Thursday. The company has a quick ratio of 0.33, a current ratio of 0.34 and a debt-to-equity ratio of 1.42. The stock’s 50 day moving average price is $29.50 and its two-hundred day moving average price is $30.06. The firm has a market capitalization of $6.67 billion, a price-to-earnings ratio of -5.91 and a beta of 1.33. China Southern Airlines has a 12-month low of $25.01 and a 12-month high of $36.35.

China Southern Airlines Company Profile (Get Rating)

China Southern Airlines Company Limited provides airline transportation services in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. It operates through two segments, Airline Transportation Operations and Other Segments. The company offers passenger, cargo, mail delivery, and other extended transportation services.

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