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

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 200 shares, a decline of 93.8% from the February 13th total of 3,200 shares. Based on an average daily volume of 10,100 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Cathay Pacific Airways Price Performance

Shares of OTCMKTS CPCAY remained flat at $7.16 during trading on Friday. 180 shares of the stock were exchanged, compared to its average volume of 8,153. The firm’s 50-day moving average price is $6.63 and its 200 day moving average price is $5.88. Cathay Pacific Airways has a 12-month low of $4.84 and a 12-month high of $7.30.

Cathay Pacific Airways Increases Dividend

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

Cathay Pacific Airways Company Profile

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.