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

Air China Limited (OTCMKTS:AIRYY) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,700 shares, an increase of 466.7% from the December 31st total of 300 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 2.1 days.

Air China Price Performance

Air China stock opened at $13.00 on Friday. The company has a debt-to-equity ratio of 3.46, a current ratio of 0.27 and a quick ratio of 0.23. The stock has a market capitalization of $10.79 billion, a PE ratio of -144.43 and a beta of 0.36. The business has a 50 day simple moving average of $12.62 and a 200-day simple moving average of $10.71. Air China has a 12 month low of $7.51 and a 12 month high of $13.95.

Air China (OTCMKTS:AIRYY) last issued its quarterly earnings results on Thursday, October 31st. The transportation company reported $0.73 EPS for the quarter. The company had revenue of $6.79 billion during the quarter. Air China had a negative net margin of 0.26% and a negative return on equity of 1.16%. On average, analysts anticipate that Air China will post 0.11 EPS for the current fiscal year.

About Air China

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.