Air China Limited (OTCMKTS:AICAF) Short Interest Update

Air China Limited (OTCMKTS:AICAF) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,607,161 shares, an increase of 131.6% from the March 15th total of 2,853,364 shares. Based on an average daily trading volume, of 373 shares, the short-interest ratio is presently 17,713.6 days.

Air China Price Performance

Shares of AICAF stock opened at $0.62 on Friday. Air China has a 1 year low of $0.56 and a 1 year high of $0.94. The firm has a fifty day moving average price of $0.83 and a 200-day moving average price of $0.81.

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.