Air Canada (OTCMKTS:ACDVF) Short Interest Update

Air Canada (OTCMKTS:ACDVF) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 14,143,000 shares, a decline of 8.7% from the September 15th total of 15,497,800 shares. Based on an average daily volume of 150,400 shares, the short-interest ratio is presently 94.0 days.

Air Canada Stock Up 0.1 %

ACDVF stock opened at $12.46 on Wednesday. The company has a debt-to-equity ratio of 9.32, a current ratio of 0.85 and a quick ratio of 0.81. The firm has a market capitalization of $4.47 billion, a P/E ratio of 2.98 and a beta of 2.07. Air Canada has a 52-week low of $10.16 and a 52-week high of $14.91. The company’s 50 day simple moving average is $11.70 and its 200-day simple moving average is $12.66.

Air Canada (OTCMKTS:ACDVF) last released its earnings results on Wednesday, August 7th. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.10. Air Canada had a return on equity of 188.94% and a net margin of 7.95%. The company had revenue of $4.03 billion during the quarter. As a group, equities research analysts anticipate that Air Canada will post 1.65 EPS for the current year.

Air Canada Company Profile

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.