Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY – Get Free Report) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 300 shares, an increase of 50.0% from the September 15th total of 200 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 4,800 shares, the short-interest ratio is currently 0.1 days.
Cathay Pacific Airways Price Performance
Shares of CPCAY opened at $6.89 on Thursday. Cathay Pacific Airways has a 1-year low of $5.01 and a 1-year high of $7.79. The firm has a 50 day simple moving average of $6.84 and a 200-day simple moving average of $6.66.
Cathay Pacific Airways Announces Dividend
The business also recently declared a dividend, which was paid on Monday, October 20th. Shareholders of record on Friday, September 5th were issued a $0.1074 dividend. This represents a dividend yield of 573.0%. The ex-dividend date was Thursday, September 4th.
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.
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