Air China Limited (OTCMKTS:AICAF) Short Interest Update

Air China Limited (OTCMKTS:AICAF) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,853,364 shares, an increase of 563.9% from the February 26th total of 429,798 shares. Based on an average daily trading volume, of 24,800 shares, the days-to-cover ratio is currently 115.1 days. Based on an average daily trading volume, of 24,800 shares, the days-to-cover ratio is currently 115.1 days.

Air China Price Performance

AICAF stock remained flat at $0.67 on Tuesday. Air China has a one year low of $0.53 and a one year high of $0.94. The company has a 50 day simple moving average of $0.90 and a two-hundred day simple moving average 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.