Short Interest in Air China Limited (OTCMKTS:AICAF) Declines By 31.9%

Air China Limited (OTCMKTS:AICAF) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 96,000 shares, a drop of 31.9% from the January 15th total of 140,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 960.0 days.

Air China Price Performance

Shares of OTCMKTS AICAF opened at $0.63 on Friday. The firm has a 50-day moving average of $0.65 and a two-hundred day moving average of $0.55. Air China has a twelve month low of $0.45 and a twelve month high of $0.71.

About Air China

Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services.