Air China Limited (OTCMKTS:AIRYY) Sees Significant Drop in Short Interest

Air China Limited (OTCMKTS:AIRYY) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 3,900 shares, a decline of 9.3% from the May 31st total of 4,300 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 9.8 days.

Air China Price Performance

Shares of AIRYY stock opened at $9.36 on Wednesday. Air China has a fifty-two week low of $8.93 and a fifty-two week high of $16.38. The stock’s 50-day moving average is $10.26 and its two-hundred day moving average is $10.78. The firm has a market cap of $7.58 billion, a P/E ratio of 312.10 and a beta of 0.32.

Air China (OTCMKTS:AIRYY) last released its quarterly earnings data on Sunday, April 28th. The transportation company reported ($0.31) EPS for the quarter. The company had revenue of $5.60 billion during the quarter. As a group, research analysts expect that Air China will post 0.73 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.