Cathay Pacific Airways Limited (OTCMKTS:CPCAY) Short Interest Down 59.1% in April

Cathay Pacific Airways Limited (OTCMKTS:CPCAY) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 900 shares, a decline of 59.1% from the March 31st total of 2,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 14,800 shares, the days-to-cover ratio is currently 0.1 days.

Cathay Pacific Airways Trading Up 3.7 %

CPCAY opened at $5.76 on Monday. The firm has a fifty day moving average price of $6.35 and a 200 day moving average price of $6.12. Cathay Pacific Airways has a 1 year low of $4.84 and a 1 year high of $7.30.

Cathay Pacific Airways Increases Dividend

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

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.