Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Short Interest Up 12,900.0% in June

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 13,000 shares, an increase of 12,900.0% from the May 31st total of 100 shares. Based on an average daily volume of 14,300 shares, the short-interest ratio is presently 0.9 days.

Cathay Pacific Airways Price Performance

OTCMKTS CPCAY traded down $0.05 on Thursday, hitting $5.00. 107,878 shares of the stock traded hands, compared to its average volume of 5,010. The business’s fifty day moving average is $5.30 and its two-hundred day moving average is $5.24. Cathay Pacific Airways has a 12 month low of $4.70 and a 12 month high of $5.89.

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.