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

Air China Limited (OTCMKTS:AICAF) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 434,200 shares, an increase of 91.2% from the August 15th total of 227,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 4,342.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 4,342.0 days.

Air China Price Performance

Shares of OTCMKTS:AICAF opened at $0.67 on Monday. The stock’s 50-day moving average is $0.64 and its 200-day moving average is $0.63. Air China has a 52-week low of $0.45 and a 52-week 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.