Short Interest in Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY) Declines By 33.3%

Cathay Pacific Airways Ltd. (OTCMKTS:CPCAY) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 200 shares, a decrease of 33.3% from the August 31st total of 300 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is currently 0.1 days.

Cathay Pacific Airways Trading Down 2.0%

OTCMKTS:CPCAY opened at $6.81 on Wednesday. The stock has a fifty day moving average price of $6.89 and a two-hundred day moving average price of $6.64. Cathay Pacific Airways has a 1 year low of $5.00 and a 1 year high of $7.79.

Cathay Pacific Airways Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, October 20th. Stockholders of record on Friday, September 5th will be given a $0.1074 dividend. The ex-dividend date is Thursday, September 4th. This represents a dividend yield of 573.0%.

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.