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

Air China Limited (OTCMKTS:AICAFGet Free Report) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 696,900 shares, a decline of 69.4% from the September 15th total of 2,276,900 shares. Based on an average daily trading volume, of 39,800 shares, the short-interest ratio is presently 17.5 days.

Air China Trading Up 0.3 %

Shares of AICAF opened at $0.52 on Friday. Air China has a 52 week low of $0.46 and a 52 week high of $0.66. The firm’s 50-day simple moving average is $0.48 and its 200 day simple moving average is $0.49.

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

Air China Company Profile

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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.

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