Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Short Interest Update

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 2,800 shares, a drop of 87.0% from the September 15th total of 21,600 shares. Based on an average daily volume of 11,600 shares, the short-interest ratio is presently 0.2 days.

Cathay Pacific Airways Stock Performance

CPCAY remained flat at $5.15 during midday trading on Friday. The company’s stock had a trading volume of 1,972 shares, compared to its average volume of 7,015. The business has a fifty day moving average price of $5.07 and a 200 day moving average price of $5.19. Cathay Pacific Airways has a 52-week low of $4.70 and a 52-week high of $5.89.

Cathay Pacific Airways Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, October 21st. Investors of record on Thursday, September 5th will be issued a $0.113 dividend. The ex-dividend date of this dividend is Thursday, September 5th.

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.