Short Interest in Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTF) Drops By 30.4%

Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTF) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 106,547 shares, a decline of 30.4% from the December 15th total of 153,000 shares. Based on an average daily trading volume, of 1,244 shares, the short-interest ratio is presently 85.6 days. Based on an average daily trading volume, of 1,244 shares, the short-interest ratio is presently 85.6 days.

Hainan Meilan International Airport Price Performance

Hainan Meilan International Airport stock remained flat at $1.21 during mid-day trading on Friday. The company’s 50 day moving average is $1.26 and its two-hundred day moving average is $1.27. Hainan Meilan International Airport has a 1-year low of $1.21 and a 1-year high of $1.60.

Hainan Meilan International Airport Company Profile

Hainan Meilan International Airport Co, Ltd. (OTCMKTS: HMCTF) is the state-owned operator and developer of Hainan Meilan International Airport, located in Haikou, the capital city of Hainan Province, China. As the primary aviation gateway to China’s southernmost province, the company is responsible for the planning, construction, operation and management of airport facilities serving both passenger and cargo traffic.

The company’s core business activities encompass passenger terminal services, air cargo logistics, ground handling, fueling and aircraft maintenance support.