Short Interest in China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Expands By 93.7%

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 5,308,100 shares, a growth of 93.7% from the December 31st total of 2,740,000 shares. Based on an average trading volume of 400 shares, the short-interest ratio is currently 13,270.3 days.

China Eastern Airlines Price Performance

Shares of CHEAF stock remained flat at $0.34 during mid-day trading on Wednesday. China Eastern Airlines has a 1-year low of $0.20 and a 1-year high of $0.34. The business’s fifty day moving average price is $0.33 and its 200-day moving average price is $0.27.

About China Eastern Airlines

China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers passenger, cargo, mail delivery, ground, tour operations, air catering, and other miscellaneous services.