China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Short Interest Up 6.2% in August

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) was the target of a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 1,030,300 shares, a growth of 6.2% from the July 31st total of 970,000 shares. Based on an average daily trading volume, of 7,500 shares, the short-interest ratio is presently 137.4 days.

China Eastern Airlines Trading Up 2.3 %

CHEAF opened at $0.24 on Wednesday. China Eastern Airlines has a one year low of $0.22 and a one year high of $0.36. The business’s 50 day moving average price is $0.24 and its 200 day moving average price is $0.25.

China Eastern Airlines Company Profile

China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers passenger, cargo, mail delivery, ground, tour operations, air catering, and other miscellaneous services.