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

Air China Limited (OTCMKTS:AIRYY) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 1,600 shares, a growth of 100.0% from the August 31st total of 800 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is currently 1.6 days.

Air China Stock Performance

AIRYY traded up $0.95 during trading on Friday, hitting $10.20. 3,760 shares of the stock were exchanged, compared to its average volume of 654. The firm has a 50 day simple moving average of $8.74 and a 200 day simple moving average of $9.58. The firm has a market cap of $8.46 billion, a price-to-earnings ratio of 340.05 and a beta of 0.31. Air China has a 1 year low of $7.51 and a 1 year high of $14.40.

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.