Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTF) Short Interest Up 58.7% in August

Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTF) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 73,000 shares, an increase of 58.7% from the August 15th total of 46,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

Hainan Meilan International Airport Price Performance

OTCMKTS:HMCTF remained flat at $0.65 during mid-day trading on Thursday. The stock has a fifty day simple moving average of $0.65 and a two-hundred day simple moving average of $0.89. Hainan Meilan International Airport has a 52-week low of $0.65 and a 52-week high of $1.60.

About Hainan Meilan International Airport

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.