Short Interest in Air China Limited (OTCMKTS:AICAF) Grows By 159.1%

Air China Limited (OTCMKTS:AICAF) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,125,100 shares, an increase of 159.1% from the August 31st total of 434,200 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 2,812.8 days. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 2,812.8 days.

Air China Price Performance

Shares of AICAF opened at $0.72 on Friday. Air China has a fifty-two week low of $0.45 and a fifty-two week high of $0.72. The firm’s 50 day moving average price is $0.65 and its 200 day moving average price is $0.63.

About Air China

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.