Air China Limited (OTCMKTS:AICAF – Get Free Report) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 12,220,858 shares, an increase of 48.2% from the August 31st total of 8,244,859 shares. Based on an average daily volume of 17 shares, the short-interest ratio is presently 718,874.0 days.
Air China Stock Performance
Shares of AICAF opened at $0.52 on Thursday. The stock has a 50 day moving average price of $0.52 and a 200 day moving average price of $0.58. Air China has a one year low of $0.52 and a one year high of $0.94.
About Air China
Air China Limited is the flag carrier of the People’s Republic of China and one of the country’s largest airlines. Headquartered in Beijing, the company provides scheduled passenger air transportation on domestic and international routes, connecting major cities in China with destinations across Asia, Europe, North America, Oceania and other regions.
The company also provides air cargo services through Air China Cargo, along with aircraft maintenance, ground handling and other aviation-related services.
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