Short Interest in China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Grows By 93.7%

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 5,308,100 shares, an increase of 93.7% from the December 15th total of 2,740,000 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 13,270.3 days.

China Eastern Airlines Price Performance

OTCMKTS:CHEAF remained flat at $0.34 on Thursday. China Eastern Airlines has a 1 year low of $0.20 and a 1 year high of $0.34. The firm’s fifty day moving average is $0.29 and its 200-day moving average is $0.26.

About China Eastern Airlines

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.