Short Interest in Air China Limited (OTCMKTS:AICAF) Drops By 98.5%

Air China Limited (OTCMKTS:AICAF) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totalling 52,900 shares, a drop of 98.5% from the June 15th total of 3,586,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 529.0 days.

Air China Price Performance

Shares of OTCMKTS:AICAF remained flat at $0.49 on Thursday. Air China has a 1-year low of $0.46 and a 1-year high of $0.82. The company’s 50-day moving average is $0.50 and its 200 day moving average is $0.52.

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.