Short Interest in Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Rises By 42.2%

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 63,300 shares, a growth of 42.2% from the November 30th total of 44,500 shares. Based on an average trading volume of 14,600 shares, the short-interest ratio is currently 4.3 days.

Cathay Pacific Airways Trading Up -0.9 %

Cathay Pacific Airways stock traded up $0.07 during midday trading on Monday, hitting $6.15. 1,695 shares of the company’s stock were exchanged, compared to its average volume of 11,622. Cathay Pacific Airways has a 12-month low of $4.84 and a 12-month high of $6.34. The firm’s 50 day simple moving average is $5.73 and its 200 day simple moving average is $5.32.

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.