Short Interest in Air China Limited (OTCMKTS:AICAF) Grows By 159.1%

Air China Limited (OTCMKTS:AICAF) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,125,100 shares, an increase of 159.1% from the August 31st total of 434,200 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 2,812.8 days. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 2,812.8 days.

Air China Price Performance

Shares of AICAF opened at $0.72 on Friday. Air China has a fifty-two week low of $0.45 and a fifty-two week high of $0.72. The firm’s 50 day moving average price is $0.65 and its 200 day moving average price is $0.63.

Air China Company Profile

Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services.