Air China Limited (OTCMKTS:AIRYY) Sees Large Increase in Short Interest

Air China Limited (OTCMKTS:AIRYY) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 4,600 shares, an increase of 17.9% from the March 31st total of 3,900 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 11.5 days.

Air China Stock Up 1.3 %

Shares of AIRYY opened at $10.50 on Monday. The company has a market cap of $8.51 billion, a PE ratio of -47.73 and a beta of 0.41. The business has a fifty day moving average of $10.24 and a 200 day moving average of $11.89. Air China has a 52-week low of $8.93 and a 52-week high of $17.19. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 4.02.

Air China (OTCMKTS:AIRYY) last issued its quarterly earnings results on Thursday, March 28th. The transportation company reported ($0.33) earnings per share (EPS) for the quarter. Air China had a negative return on equity of 18.66% and a negative net margin of 4.80%. The company had revenue of $5.97 billion during the quarter. On average, sell-side analysts expect that Air China will post 0.7 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.