Short Interest in Air China Limited (OTCMKTS:AIRYY) Increases By 33.3%

Air China Limited (OTCMKTS:AIRYY) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 1,600 shares, a growth of 33.3% from the September 30th total of 1,200 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 1.3 days.

Air China Stock Up 7.0 %

Shares of AIRYY stock opened at $10.81 on Tuesday. The firm has a market cap of $8.97 billion, a P/E ratio of 360.33 and a beta of 0.32. The business has a 50-day moving average price of $9.29 and a two-hundred day moving average price of $9.62. Air China has a 12-month low of $7.51 and a 12-month high of $14.40.

Air China (OTCMKTS:AIRYY) last issued its earnings results on Thursday, August 29th. The transportation company reported ($0.18) earnings per share (EPS) for the quarter. Air China had a negative return on equity of 1.50% and a negative net margin of 0.34%. The firm had revenue of $5.45 billion during the quarter. As a group, research analysts expect that Air China will post 0.82 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.