Air China Limited (OTCMKTS:AICAF – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 8,244,859 shares, an increase of 73.0% from the August 15th total of 4,766,170 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.
Air China Price Performance
Shares of OTCMKTS AICAF opened at $0.52 on Friday. Air China has a one year low of $0.52 and a one year high of $0.94. The business’s fifty day moving average price is $0.52 and its 200-day moving average price is $0.61.
Air China Company Profile
Air China Limited operates as the flag carrier and one of the major airlines of the People’s Republic of China. Headquartered in Beijing, the company emerged from the restructuring of the Civil Aviation Administration of China in the early 2000s. It is a state-controlled enterprise under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council and is a subsidiary of China National Aviation Holding.
The company provides scheduled passenger and cargo services, offering a broad network of domestic and international routes.
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