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

Cathay Pacific Airways Limited (OTCMKTS:CPCAY - Get Free Report) saw a large increase in short interest during 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 company's stock are short sold.

Cathay Pacific Airways Stock Up 2.2 %

Shares of Cathay Pacific Airways stock traded up $0.14 during trading on Friday, hitting $6.87. 1,133 shares of the stock traded hands, compared to its average volume of 6,886. The company has a fifty day moving average price of $6.69 and a two-hundred day moving average price of $6.02. Cathay Pacific Airways has a twelve month low of $4.84 and a twelve month high of $7.30.

Cathay Pacific Airways Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 19th. Stockholders of record on Wednesday, April 2nd will be issued a dividend of $0.3153 per share. The ex-dividend date is Wednesday, April 2nd. This is an increase from Cathay Pacific Airways's previous dividend of $0.11.

About Cathay Pacific Airways

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.