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

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 5,308,100 shares, a growth of 93.7% from the December 15th total of 2,740,000 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 13,270.3 days.

China Eastern Airlines Stock Performance

Shares of OTCMKTS:CHEAF remained flat at $0.34 during trading on Thursday. The business has a 50 day moving average of $0.29 and a two-hundred day moving average of $0.26. China Eastern Airlines has a 1 year low of $0.20 and a 1 year high of $0.34.

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.