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

China Eastern Airlines Co. Limited (OTCMKTS:CHEAFGet Free Report) saw a large growth in short interest in the month of 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 daily volume of 400 shares, the days-to-cover ratio is currently 13,270.3 days.

China Eastern Airlines Price Performance

OTCMKTS:CHEAF remained flat at $0.34 during trading hours on Wednesday. China Eastern Airlines has a fifty-two week low of $0.20 and a fifty-two week high of $0.34. The business has a fifty day moving average price of $0.33 and a 200-day moving average price of $0.27.

About China Eastern Airlines

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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.

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