Air China Limited (OTCMKTS:AICAF) Sees Significant Growth in Short Interest

Air China Limited (OTCMKTS:AICAF) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 140,900 shares, a growth of 90.4% from the December 31st total of 74,000 shares. Based on an average daily volume of 9,600 shares, the days-to-cover ratio is currently 14.7 days.

Air China Price Performance

Shares of AICAF opened at $0.63 on Friday. Air China has a 1-year low of $0.45 and a 1-year high of $0.71. The firm’s 50 day simple moving average is $0.64 and its 200 day simple moving average is $0.54.

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.