Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Short Interest Up 42.2% in December

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

Cathay Pacific Airways Stock Performance

Shares of OTCMKTS:CPCAY traded up $0.12 during mid-day trading on Monday, hitting $6.20. 4,509 shares of the company traded hands, compared to its average volume of 11,665. The firm’s 50 day simple moving average is $5.73 and its 200 day simple moving average is $5.32. Cathay Pacific Airways has a 52-week low of $4.84 and a 52-week high of $6.34.

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.