China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Sees Significant Decrease in Short Interest

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 1,156,000 shares, a decrease of 44.6% from the September 30th total of 2,086,000 shares. Based on an average daily trading volume, of 79,300 shares, the short-interest ratio is presently 14.6 days.

China Eastern Airlines Stock Performance

OTCMKTS:CHEAF remained flat at $0.26 during trading hours on Friday. China Eastern Airlines has a one year low of $0.22 and a one year high of $0.35. The stock has a fifty day moving average of $0.26 and a 200-day moving average of $0.25.

China Eastern Airlines Company Profile

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.