Short Interest in China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Rises By 164.5%

China Eastern Airlines Co. Limited (OTCMKTS:CHEAFGet Free Report) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 2,740,000 shares, a growth of 164.5% from the November 30th total of 1,036,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

China Eastern Airlines Price Performance

Shares of OTCMKTS:CHEAF opened at $0.33 on Friday. The company’s 50-day moving average price is $0.23 and its two-hundred day moving average price is $0.25. China Eastern Airlines has a one year low of $0.20 and a one year high of $0.33.

About China Eastern Airlines

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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.

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