China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Short Interest Update

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totalling 970,000 shares, a drop of 7.3% from the July 15th total of 1,046,000 shares. Based on an average daily volume of 85,700 shares, the short-interest ratio is presently 11.3 days.

China Eastern Airlines Trading Down 2.1 %

Shares of OTCMKTS CHEAF opened at $0.23 on Wednesday. The company has a 50-day simple moving average of $0.24 and a 200-day simple moving average of $0.25. China Eastern Airlines has a 12 month low of $0.22 and a 12 month high of $0.36.

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.