Air China Limited (OTCMKTS:AICAF) Short Interest Update

Air China Limited (OTCMKTS:AICAF) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 72,000 shares, a drop of 34.5% from the February 13th total of 110,000 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 51.4 days.

Air China Stock Performance

Shares of OTCMKTS AICAF opened at $0.65 on Friday. The firm’s 50-day simple moving average is $0.63 and its 200 day simple moving average is $0.57. 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.