Cathay Pacific Airways Limited (OTCMKTS:CPCAY - Get Free Report) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 75,500 shares, a growth of 19.3% from the December 31st total of 63,300 shares. Based on an average trading volume of 8,700 shares, the days-to-cover ratio is currently 8.7 days.
Cathay Pacific Airways Trading Down 0.6 %
Shares of OTCMKTS CPCAY traded down $0.04 during midday trading on Wednesday, hitting $6.49. The company's stock had a trading volume of 1,925 shares, compared to its average volume of 10,779. The business's 50 day moving average is $6.35 and its two-hundred day moving average is $5.58. Cathay Pacific Airways has a 12-month low of $4.84 and a 12-month high of $6.95.
About Cathay Pacific Airways
(
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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.
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