Air China Limited (OTCMKTS:AICAF – Get Free Report) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 3,954,783 shares, a decrease of 34.5% from the June 15th total of 6,036,339 shares. Based on an average daily volume of 133 shares, the short-interest ratio is presently 29,735.2 days.
Air China Price Performance
Shares of OTCMKTS AICAF opened at $0.52 on Friday. Air China has a 1 year low of $0.52 and a 1 year high of $0.94. The firm has a 50-day simple moving average of $0.58 and a two-hundred day simple moving average of $0.73.
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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