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

Hainan Meilan International Airport Company Limited (OTCMKTS:HMCTF) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 41,000 shares, a growth of 4,000.0% from the June 15th total of 1,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Hainan Meilan International Airport Stock Performance

Shares of Hainan Meilan International Airport stock remained flat at $0.65 during mid-day trading on Friday. The stock has a 50-day moving average price of $0.83 and a 200-day moving average price of $1.09. 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.