Can AVICHINA INDUSTRIES & TECH (OTCMKTS:AVIJF)’s Tomorrow be Different? The Stock Had Increase in Shorts

December 7, 2017 - By Ellis Scott

The stock of AVICHINA INDUSTRIES & TECH (OTCMKTS:AVIJF) registered an increase of 2.75% in short interest. AVIJF’s total short interest was 8.78M shares in December as published by FINRA. Its up 2.75% from 8.54 million shares, reported previously. With 3,300 shares average volume, it will take short sellers 2660 days to cover their AVIJF’s short positions.

It closed at $0.55 lastly. It is down 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

AviChina Industry & Technology Company Limited, through its subsidiaries, engages in the research, development, manufacture, and sale of civil aviation products and related engineering services in the PeopleÂ’s Republic of China and internationally. The company has market cap of $3.10 billion. The firm operates through three divisions: Aviation Entire Aircraft, Aviation Parts and Components, and Aviation Engineering Services. It has a 18.33 P/E ratio. It is involved in the development, manufacture, sale, and upgrade of aviation products, such as helicopters, trainers, general-purpose aircrafts, regional jets, and other aero products.

More notable recent AviChina Industry & Technology Company Limited (OTCMKTS:AVIJF) news were published by: Barrons.com which released: “It’s Time to Buy China’s Best Defense Stock” on December 02, 2016, also Reuters.com with their article: “China’s aerospace giant AVIC taps capital markets for growth” published on November 13, 2012, Seekingalpha.com published: “Betting On China’s Military Buildup” on September 12, 2016. More interesting news about AviChina Industry & Technology Company Limited (OTCMKTS:AVIJF) were released by: Seekingalpha.com and their article: “United Technologies And China: Time To Buy?” published on February 20, 2014 as well as Barrons.com‘s news article titled: “Hong Kong Stocks Offer Cheaper Plays on China” with publication date: September 20, 2016.

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