Short Interest in China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Increases By 37.3%

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) was the target of a significant growth in short interest in the month of 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 daily trading volume, of 700 shares, the short-interest ratio is presently 12,625.7 days.

China Eastern Airlines Stock Performance

OTCMKTS:CHEAF remained flat at $0.32 during trading hours on Friday. China Eastern Airlines has a 52 week low of $0.20 and a 52 week high of $0.34. The firm has a fifty day moving average price of $0.33 and a 200 day moving average price of $0.29.

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.