China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Sees Significant Growth in Short Interest

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 8,838,000 shares, a growth of 37.3% from the January 15th total of 6,438,100 shares. Based on an average trading volume of 700 shares, the short-interest ratio is presently 12,625.7 days.

China Eastern Airlines Stock Performance

China Eastern Airlines stock remained flat at $0.32 during mid-day trading on Friday. China Eastern Airlines has a 1-year low of $0.20 and a 1-year high of $0.34. The business has a 50 day moving average of $0.33 and a two-hundred day moving average of $0.29.

China Eastern Airlines Company Profile

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.