Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Sees Large Increase in Short Interest

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 800 shares, a growth of 700.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is presently 0.2 days.

Cathay Pacific Airways Trading Down 1.8 %

Shares of Cathay Pacific Airways stock traded down $0.09 on Thursday, hitting $5.09. 31,647 shares of the company were exchanged, compared to its average volume of 6,821. Cathay Pacific Airways has a 1-year low of $4.81 and a 1-year high of $5.89. The company has a 50-day moving average price of $5.14 and a 200 day moving average price of $5.17.

Cathay Pacific Airways Company Profile

Cathay Pacific Airways Limited, together with its subsidiaries, offers international passenger and air cargo transportation services. The company conducts airline operations principally to and from Hong Kong. It also engages in the property investment and travel reward program; operates as a travel tour operator; and provision of financial, aircraft acquisition facilitation, airline catering, information processing, aircraft ramp handling, laundry and dry cleaning, ground handling, and cargo terminal services.