Air China Limited (OTCMKTS:AIRYY) Short Interest Update

Air China Limited (OTCMKTS:AIRYY) saw a large decline in short interest in the month of 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 daily volume of 400 shares, the days-to-cover ratio is presently 9.8 days.

Air China Stock Performance

Shares of AIRYY opened at $9.36 on Wednesday. Air China has a 52-week low of $8.93 and a 52-week high of $16.38. The stock’s 50-day simple moving average is $10.26 and its 200 day simple moving average is $10.78. The stock has a market capitalization of $7.58 billion, a price-to-earnings ratio of 312.10 and a beta of 0.32.

Air China (OTCMKTS:AIRYY) last announced its quarterly earnings results on Sunday, April 28th. The transportation company reported ($0.31) earnings per share (EPS) for the quarter. The firm had revenue of $5.60 billion for the quarter. On average, research analysts forecast that Air China will post 0.73 earnings per share for the current fiscal 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.