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Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Short Interest Down 96.4% in October

Cathay Pacific Airways logo with Transportation background

Cathay Pacific Airways Limited (OTCMKTS:CPCAY - Get Free Report) saw a significant decrease in short interest in October. As of October 15th, there was short interest totalling 100 shares, a decrease of 96.4% from the September 30th total of 2,800 shares. Based on an average trading volume of 20,100 shares, the short-interest ratio is currently 0.0 days.

Cathay Pacific Airways Stock Performance

Shares of CPCAY stock traded down $0.06 during mid-day trading on Friday, hitting $5.08. 218 shares of the stock were exchanged, compared to its average volume of 6,736. Cathay Pacific Airways has a 12-month low of $4.71 and a 12-month high of $5.89. The stock's fifty day simple moving average is $5.09 and its two-hundred day simple moving average is $5.17.

Cathay Pacific Airways Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, October 21st. Shareholders of record on Thursday, September 5th were paid a $0.113 dividend. The ex-dividend date was 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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