Air China Limited (OTCMKTS:AICAF) Short Interest Up 131.6% in March

Air China Limited (OTCMKTS:AICAF) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 6,607,161 shares, a growth of 131.6% from the March 15th total of 2,853,364 shares. Based on an average trading volume of 373 shares, the short-interest ratio is presently 17,713.6 days.

Air China Stock Performance

OTCMKTS AICAF opened at $0.62 on Tuesday. The company’s fifty day moving average is $0.83 and its two-hundred day moving average is $0.81. Air China has a 52-week low of $0.56 and a 52-week high of $0.94.

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.