Short Interest in Air China Limited (OTCMKTS:AICAF) Expands By 123.4%

Air China Limited (OTCMKTS:AICAFGet Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 1,556,900 shares, an increase of 123.4% from the September 30th total of 696,900 shares. Based on an average trading volume of 3,200 shares, the days-to-cover ratio is presently 486.5 days.

Air China Stock Performance

Shares of AICAF stock opened at $0.47 on Friday. The stock has a fifty day moving average of $0.48 and a two-hundred day moving average of $0.49. Air China has a 1 year low of $0.45 and a 1 year high of $0.63.

Air China (OTCMKTS:AICAFGet Free Report) last released its earnings results on Friday, August 30th. The company reported ($0.01) EPS for the quarter. The company had revenue of $5.45 billion for the quarter.

About Air China

(Get Free Report)

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.

See Also

Receive News & Ratings for Air China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air China and related companies with MarketBeat.com's FREE daily email newsletter.