Short Interest in Air China Limited (OTCMKTS:AICAF) Rises By 123.4%

Air China Limited (OTCMKTS:AICAF) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 1,556,900 shares, an increase of 123.4% from the September 30th total of 696,900 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is currently 486.5 days.

Air China Trading Up 3.7 %

Air China stock opened at $0.47 on Monday. The firm has a 50 day simple moving average of $0.48 and a 200 day simple moving average of $0.49. Air China has a 1-year low of $0.45 and a 1-year high of $0.63.

Air China (OTCMKTS:AICAF) last released its quarterly earnings data on Friday, August 30th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $5.45 billion during the quarter.

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.