Air China Limited (OTCMKTS:AICAF – Get Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 8,244,859 shares, a growth of 73.0% from the August 15th total of 4,766,170 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Air China Price Performance
Shares of AICAF opened at $0.52 on Wednesday. Air China has a 52-week low of $0.52 and a 52-week high of $0.94. The stock has a fifty day simple moving average of $0.52 and a two-hundred day simple moving average of $0.61.
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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