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

Air China Limited (OTCMKTS:AICAF) was the recipient of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 44,900 shares, a drop of 94.6% from the October 31st total of 834,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 449.0 days.

Air China Stock Performance

OTCMKTS AICAF remained flat at $0.59 on Wednesday. Air China has a 1-year low of $0.45 and a 1-year high of $0.63. The stock has a 50 day moving average price of $0.50 and a 200 day moving average price 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 for the quarter. The company had revenue of $5.45 billion for 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.