Short Interest in Air China Limited (OTCMKTS:AICAF) Expands By 24.1%

Air China Limited (OTCMKTS:AICAF) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 2,746,400 shares, an increase of 24.1% from the August 15th total of 2,212,400 shares. Based on an average daily volume of 7,600 shares, the short-interest ratio is currently 361.4 days.

Air China Stock Performance

Shares of Air China stock opened at $0.46 on Friday. The company has a 50-day simple moving average of $0.48 and a 200 day simple moving average of $0.49. Air China has a 12-month low of $0.46 and a 12-month high of $0.74.

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.