Short Interest in China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Declines By 7.3%

China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 970,000 shares, a decline of 7.3% from the July 15th total of 1,046,000 shares. Based on an average trading volume of 85,700 shares, the days-to-cover ratio is presently 11.3 days.

China Eastern Airlines Price Performance

CHEAF stock opened at $0.23 on Wednesday. China Eastern Airlines has a 1-year low of $0.22 and a 1-year high of $0.36. The business’s 50 day simple moving average is $0.24 and its 200 day simple moving average is $0.25.

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.