Short Interest in Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Declines By 84.2%

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) was the recipient of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 44,500 shares, a decrease of 84.2% from the November 15th total of 282,500 shares. Based on an average trading volume of 98,000 shares, the days-to-cover ratio is presently 0.5 days.

Cathay Pacific Airways Trading Up 0.2 %

Shares of CPCAY stock traded up $0.01 on Wednesday, reaching $6.23. The company’s stock had a trading volume of 4,247 shares, compared to its average volume of 12,036. The stock’s fifty day simple moving average is $5.47 and its 200-day simple moving average is $5.23. Cathay Pacific Airways has a 1 year low of $4.84 and a 1 year high of $6.34.

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.