Cathay Pacific Airways Limited (OTCMKTS:CPCAY - Get Free Report) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totalling 2,800 shares, a decrease of 87.0% from the September 15th total of 21,600 shares. Based on an average trading volume of 11,600 shares, the short-interest ratio is presently 0.2 days.
Cathay Pacific Airways Stock Up 2.0 %
Shares of OTCMKTS CPCAY traded up $0.10 during mid-day trading on Thursday, hitting $5.15. 3,680 shares of the stock traded hands, compared to its average volume of 7,044. The stock has a fifty day moving average price of $5.07 and a 200-day moving average price of $5.20. Cathay Pacific Airways has a 52 week low of $4.70 and a 52 week high of $5.89. The company has a current ratio of 0.58, a quick ratio of 0.50 and a debt-to-equity ratio of 0.89.
Cathay Pacific Airways Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, October 21st. Stockholders of record on Thursday, September 5th will be issued a dividend of $0.113 per share. The ex-dividend date of this dividend is Thursday, September 5th.
About Cathay Pacific Airways
(
Get Free Report)
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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