Short Interest in Air China Limited (OTCMKTS:AICAF) Increases By 123.4%

Air China Limited (OTCMKTS:AICAF) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 1,556,900 shares, a growth of 123.4% from the September 30th total of 696,900 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is presently 486.5 days.

Air China Price Performance

Shares of Air China stock opened at $0.47 on Friday. Air China has a 12 month low of $0.45 and a 12 month high of $0.63. The business has a fifty day simple moving average of $0.48 and a 200 day simple moving average of $0.49.

Air China (OTCMKTS:AICAF) last released its quarterly earnings results on Friday, August 30th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $5.45 billion during the quarter.

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.