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

Air China Limited (OTCMKTS:AICAF) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 74,000 shares, a decrease of 24.5% from the December 15th total of 98,000 shares. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is currently 9.7 days.

Air China Price Performance

Shares of AICAF opened at $0.63 on Thursday. The stock’s 50 day moving average is $0.61 and its two-hundred day moving average is $0.53. Air China has a 12 month low of $0.45 and a 12 month high of $0.71.

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.