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

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) was the target of a large growth in short interest in 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 days-to-cover ratio is presently 1.8 days.

Cathay Pacific Airways Trading Up 0.8 %

Shares of Cathay Pacific Airways stock opened at $6.10 on Friday. Cathay Pacific Airways has a 52-week low of $4.81 and a 52-week high of $6.10. The company has a 50 day moving average of $5.31 and a 200 day moving average of $5.20.

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.