Short Interest in Air China Limited (OTCMKTS:AICAF) Decreases By 94.6%

Air China Limited (OTCMKTS:AICAFGet Free Report) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 44,900 shares, a drop of 94.6% from the October 31st total of 834,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 449.0 days.

Air China Stock Performance

Air China stock opened at $0.59 on Thursday. The firm has a 50 day simple moving average of $0.50 and a 200-day simple moving average of $0.49. Air China has a 12-month low of $0.45 and a 12-month high of $0.63.

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

About Air China

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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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