Air China Ltd. (OTCMKTS:AIRYY) Short Interest Update

Air China Ltd. (OTCMKTS:AIRYY) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 16 shares, a decrease of 38.5% from the May 31st total of 26 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 237 shares, the short-interest ratio is currently 0.1 days.

Air China Price Performance

Air China stock opened at $10.40 on Thursday. The company has a debt-to-equity ratio of 4.13, a quick ratio of 0.26 and a current ratio of 0.30. Air China has a 52-week low of $10.40 and a 52-week high of $19.00. The firm has a 50 day moving average price of $11.63 and a two-hundred day moving average price of $14.68. The firm has a market cap of $9.07 billion, a price-to-earnings ratio of 32.50 and a beta of 0.13.

Air China (OTCMKTS:AIRYY) last posted its quarterly earnings data on Wednesday, April 29th. The transportation company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of ($0.73) by $1.02. Air China had a net margin of 1.12% and a return on equity of 5.01%. The company had revenue of $6.43 billion for the quarter, compared to analyst estimates of $2.39 billion.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded Air China from a “hold” rating to a “strong sell” rating in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

About Air China

Air China Limited, trading on the OTCMKTS as AIRYY, is the flag carrier of the People’s Republic of China and one of the country’s major state-owned airlines. Established in 1988 following the restructuring of the Civil Aviation Administration of China (CAAC), Air China offers a broad range of air transportation services for passengers and cargo. Its core operations include scheduled domestic flights, international and regional routes, as well as charter services.

The airline operates a diverse fleet of Airbus and Boeing aircraft, serving more than 200 destinations across six continents.