Air China Limited (OTCMKTS:AICAF – Get Free Report) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 1,650,400 shares, a decline of 14.8% from the January 29th total of 1,937,585 shares. Based on an average daily volume of 40 shares, the short-interest ratio is presently 41,260.0 days. Based on an average daily volume of 40 shares, the short-interest ratio is presently 41,260.0 days.
Air China Stock Performance
Shares of OTCMKTS AICAF opened at $0.94 on Wednesday. The company has a 50 day simple moving average of $0.90 and a 200 day simple moving average of $0.79. Air China has a 1 year low of $0.53 and a 1 year high of $0.89.
About Air China
Air China Limited operates as the flag carrier and one of the major airlines of the People’s Republic of China. Headquartered in Beijing, the company emerged from the restructuring of the Civil Aviation Administration of China in the early 2000s. It is a state-controlled enterprise under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council and is a subsidiary of China National Aviation Holding.
The company provides scheduled passenger and cargo services, offering a broad network of domestic and international routes.
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