Short Interest in Air China Limited (OTCMKTS:AICAF) Drops By 34.5%

Air China Limited (OTCMKTS:AICAF) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 72,000 shares, a decline of 34.5% from the February 13th total of 110,000 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is presently 51.4 days.

Air China Price Performance

Shares of Air China stock opened at $0.65 on Friday. Air China has a 12-month low of $0.45 and a 12-month high of $0.71. The company’s 50-day moving average price is $0.63 and its 200-day moving average price is $0.57.

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.