Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Short Interest Up 700.0% in October

Cathay Pacific Airways Limited (OTCMKTS:CPCAYGet Free Report) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 800 shares, an increase of 700.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 3,800 shares, the short-interest ratio is currently 0.2 days.

Cathay Pacific Airways Trading Up 1.3 %

Shares of Cathay Pacific Airways stock traded up $0.06 during trading hours on Wednesday, reaching $5.18. 4,657 shares of the company’s stock were exchanged, compared to its average volume of 4,261. The company has a 50 day moving average of $5.13 and a two-hundred day moving average of $5.17. Cathay Pacific Airways has a fifty-two week low of $4.80 and a fifty-two week high of $5.89.

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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