Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Short Interest Update

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a decrease of 96.4% from the September 30th total of 2,800 shares. Based on an average daily trading volume, of 20,100 shares, the days-to-cover ratio is presently 0.0 days.

Cathay Pacific Airways Stock Performance

Shares of OTCMKTS:CPCAY traded down $0.06 during midday trading on Friday, hitting $5.08. 218 shares of the stock traded hands, compared to its average volume of 6,736. Cathay Pacific Airways has a one year low of $4.71 and a one year high of $5.89. The business’s 50 day moving average is $5.09 and its two-hundred day moving average is $5.17.

Cathay Pacific Airways Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, October 21st. Stockholders of record on Thursday, September 5th were paid a dividend of $0.113 per share. The ex-dividend date of this dividend was Thursday, September 5th.

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.