Short Interest in China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Grows By 114.2%

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totalling 2,086,000 shares, an increase of 114.2% from the September 15th total of 974,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 20,860.0 days.

China Eastern Airlines Price Performance

OTCMKTS CHEAF remained flat at $0.26 during trading hours on Friday. China Eastern Airlines has a 52-week low of $0.22 and a 52-week high of $0.35. The business’s 50 day moving average is $0.25 and its two-hundred day moving average is $0.24.

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.