Short Interest in Air China Ltd. (OTCMKTS:AIRYY) Grows By ∞

Air China Ltd. (OTCMKTS:AIRYY) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 46 shares, an increase of ∞ from the August 15th total of 0 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 344 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of Air China to a “hold” rating in a report on Friday, August 7th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Air China Stock Performance

Shares of AIRYY stock opened at $9.30 on Thursday. The company has a 50 day moving average price of $10.21 and a 200-day moving average price of $11.68. Air China has a 52 week low of $9.05 and a 52 week high of $19.00. The firm has a market capitalization of $8.11 billion, a PE ratio of 29.06 and a beta of 0.13. The company has a quick ratio of 0.26, a current ratio of 0.30 and a debt-to-equity ratio of 4.13.

About Air China

Air China Limited is a China-based airline and the country’s national flag carrier. Headquartered in Beijing, the company provides scheduled passenger and air cargo transportation services, along with aircraft maintenance, airport services and other aviation-related activities.

Founded in 1988, Air China operates an extensive network linking major cities in mainland China with destinations across Asia, Europe, North America, Oceania and other international markets. Its services include domestic and international flights, connecting passengers through key hubs such as Beijing, Chengdu and Shanghai.

Air China is part of China National Aviation Holding Corporation and has interests in or relationships with several aviation businesses, including Shenzhen Airlines and Air Macau.