Short Interest in China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Drops By 38.3%

China Eastern Airlines Co. Limited (OTCMKTS:CHEAFGet Free Report) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,305,100 shares, a drop of 38.3% from the January 31st total of 2,113,900 shares. Based on an average trading volume of 10,500 shares, the days-to-cover ratio is currently 124.3 days.

China Eastern Airlines Stock Performance

China Eastern Airlines stock remained flat at $0.27 during mid-day trading on Thursday. China Eastern Airlines has a one year low of $0.22 and a one year high of $0.74. The business’s fifty day simple moving average is $0.25 and its two-hundred day simple moving average is $0.28.

About China Eastern Airlines

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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.

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