Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Short Interest Up 35,212.5% in November

Cathay Pacific Airways Limited (OTCMKTS:CPCAYGet Free Report) was the target of a significant growth in short interest in 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 volume of 156,500 shares, the days-to-cover ratio is currently 1.8 days.

Cathay Pacific Airways Price Performance

OTCMKTS CPCAY opened at $6.10 on Thursday. The firm has a 50 day simple moving average of $5.29 and a 200-day simple moving average of $5.19. Cathay Pacific Airways has a one year low of $4.81 and a one year high of $6.10.

Cathay Pacific Airways Company Profile

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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.

Further Reading

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