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

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 282,500 shares, a growth of 35,212.5% from the October 31st total of 800 shares. Based on an average daily trading volume, of 156,500 shares, the short-interest ratio is currently 1.8 days.

Cathay Pacific Airways Stock Performance

OTCMKTS CPCAY opened at $6.10 on Friday. The company has a fifty day moving average of $5.31 and a two-hundred day moving average of $5.20. Cathay Pacific Airways has a 1 year low of $4.81 and a 1 year high of $6.10.

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.