Air China Limited (OTCMKTS:AICAF – Get Free Report) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 834,900 shares, a drop of 46.4% from the October 15th total of 1,556,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 8,349.0 days.
Air China Price Performance
Shares of AICAF stock opened at $0.50 on Friday. Air China has a 12-month low of $0.45 and a 12-month high of $0.63. The business has a 50-day moving average price of $0.48 and a two-hundred day moving average price of $0.49.
Air China (OTCMKTS:AICAF – Get Free Report) last released its quarterly earnings results on Friday, August 30th. The company reported ($0.01) EPS for the quarter. The business had revenue of $5.45 billion during the quarter.
Air China Company Profile
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.
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