Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Short Interest Update

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,600 shares, a growth of 700.0% from the February 28th total of 200 shares. Based on an average trading volume of 9,300 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Cathay Pacific Airways Price Performance

Shares of Cathay Pacific Airways stock traded up $0.00 during trading on Wednesday, reaching $6.71. 486 shares of the company’s stock were exchanged, compared to its average volume of 7,109. Cathay Pacific Airways has a 1-year low of $4.84 and a 1-year high of $7.30. The firm’s 50-day moving average price is $6.70 and its 200 day moving average price is $5.99.

Cathay Pacific Airways Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, May 19th. Stockholders of record on Wednesday, April 2nd will be paid a $0.3153 dividend. This is an increase from Cathay Pacific Airways’s previous dividend of $0.11. The ex-dividend date of this dividend is Wednesday, April 2nd.

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.