Air China Limited (OTCMKTS:AIRYY) Short Interest Up 31.3% in October

Air China Limited (OTCMKTS:AIRYY - Get Free Report) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 2,100 shares, a growth of 31.3% from the October 15th total of 1,600 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 1.2 days.

Air China Stock Performance

Shares of AIRYY traded down $0.57 during mid-day trading on Thursday, reaching $11.42. 1,107 shares of the company's stock traded hands, compared to its average volume of 795. The business's 50-day moving average price is $9.95 and its 200-day moving average price is $9.78. The stock has a market capitalization of $9.47 billion, a P/E ratio of -133.10 and a beta of 0.32. Air China has a 12 month low of $7.51 and a 12 month high of $14.40.

Air China (OTCMKTS:AIRYY - Get Free Report) last announced its quarterly earnings data on Thursday, August 29th. The transportation company reported ($0.18) earnings per share for the quarter. The firm had revenue of $5.45 billion during the quarter. Air China had a negative net margin of 0.26% and a negative return on equity of 1.50%. Equities research analysts anticipate that Air China will post 0.82 EPS for the current 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.