Short Interest in Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTF) Declines By 97.9%

Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTF) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 1,000 shares, a decline of 97.9% from the May 31st total of 47,750 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Hainan Meilan International Airport Price Performance

Shares of HMCTF stock remained flat at $0.65 during trading hours on Thursday. The firm has a 50-day simple moving average of $0.96 and a two-hundred day simple moving average of $1.14. Hainan Meilan International Airport has a 12 month low of $0.65 and a 12 month 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.