Air China Limited (OTCMKTS:AICAF) Short Interest Down 14.8% in February

Air China Limited (OTCMKTS:AICAF) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 1,650,400 shares, a drop of 14.8% from the January 29th total of 1,937,585 shares. Based on an average daily trading volume, of 40 shares, the short-interest ratio is currently 41,260.0 days. Based on an average daily trading volume, of 40 shares, the short-interest ratio is currently 41,260.0 days.

Air China Price Performance

OTCMKTS AICAF opened at $0.94 on Wednesday. The firm’s fifty day moving average price is $0.90 and its two-hundred day moving average price is $0.79. Air China has a fifty-two week low of $0.53 and a fifty-two week high of $0.89.

Air China Company Profile

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.