Air China Limited (OTCMKTS:AICAF – Get Free Report) was the target of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 429,798 shares, a drop of 74.0% from the February 12th total of 1,650,400 shares. Based on an average daily trading volume, of 6 shares, the short-interest ratio is currently 71,633.0 days. Based on an average daily trading volume, of 6 shares, the short-interest ratio is currently 71,633.0 days.
Air China Stock Performance
AICAF stock opened at $0.94 on Thursday. The business’s fifty day moving average price is $0.91 and its 200 day moving average price is $0.80. Air China has a 12-month low of $0.53 and a 12-month 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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