Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTF) Sees Significant Increase in Short Interest

Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTF) saw a large increase in short interest in 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 trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Hainan Meilan International Airport Price Performance

HMCTF stock opened at $0.65 on Friday. The stock’s 50 day simple moving average is $0.65 and its 200 day simple moving average is $0.88. Hainan Meilan International Airport has a 12-month low of $0.65 and a 12-month 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.