China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Sees Large Increase in Short Interest

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 2,740,000 shares, an increase of 164.5% from the November 30th total of 1,036,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

China Eastern Airlines Price Performance

Shares of OTCMKTS CHEAF opened at $0.33 on Friday. The company has a fifty day moving average price of $0.23 and a 200 day moving average price of $0.25. China Eastern Airlines has a 1-year low of $0.20 and a 1-year high of $0.33.

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.