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

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,600 shares, an increase of 700.0% from the February 28th total of 200 shares. Based on an average daily volume of 9,300 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Cathay Pacific Airways Stock Performance

CPCAY traded up $0.00 during trading on Wednesday, hitting $6.71. The stock had a trading volume of 486 shares, compared to its average volume of 7,109. The company has a 50 day moving average price of $6.70 and a 200-day moving average price of $5.99. Cathay Pacific Airways has a one year low of $4.84 and a one year high of $7.30.

Cathay Pacific Airways Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 19th. Stockholders of record on Wednesday, April 2nd will be given a $0.3153 dividend. The ex-dividend date of this dividend is Wednesday, April 2nd. This is a boost from Cathay Pacific Airways’s previous dividend of $0.11.

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.