Short Interest in Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Grows By 42.2%

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 63,300 shares, a growth of 42.2% from the November 30th total of 44,500 shares. Based on an average daily trading volume, of 14,600 shares, the short-interest ratio is presently 4.3 days.

Cathay Pacific Airways Stock Up -0.9 %

Cathay Pacific Airways stock traded up $0.07 during trading on Monday, reaching $6.15. 1,695 shares of the company’s stock were exchanged, compared to its average volume of 11,622. Cathay Pacific Airways has a 52-week low of $4.84 and a 52-week high of $6.34. The company’s 50-day moving average is $5.73 and its two-hundred day moving average is $5.32.

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.