Air China Limited (OTCMKTS:AIRYY) Short Interest Down 65.2% in August

Air China Limited (OTCMKTS:AIRYY) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 800 shares, a drop of 65.2% from the August 15th total of 2,300 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 0.7 days.

Air China Price Performance

Air China stock opened at $8.01 on Friday. Air China has a 12 month low of $7.67 and a 12 month high of $14.40. The stock’s 50-day moving average is $8.96 and its 200-day moving average is $9.74. The company has a market cap of $6.64 billion, a price-to-earnings ratio of 266.92 and a beta of 0.31.

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.