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

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 5,308,100 shares, an increase 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 presently 13,270.3 days.

China Eastern Airlines Stock Performance

Shares of China Eastern Airlines stock remained flat at $0.34 on Wednesday. The business has a 50-day moving average price of $0.33 and a 200-day moving average price of $0.27. China Eastern Airlines has a 52 week low of $0.20 and a 52 week 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.