CATHAY PACIFIC AIRWA (OTCMKTS:CPCAF) Shorts Decreased by 9.64% After Short Covering

January 14, 2018 - By Marguerite Chambers

The stock of CATHAY PACIFIC AIRWA (OTCMKTS:CPCAF) registered a decrease of 9.64% in short interest. CPCAF’s total short interest was 13.34 million shares in January as published by FINRA. Its down 9.64% from 14.76 million shares, reported previously. With 1,500 shares average volume, it will take short sellers 8890 days to cover their CPCAF’s short positions.

It closed at $1.545 lastly. It is down 0.00% since January 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Cathay Pacific Airways Limited, together with its subsidiaries, operates as an airline that provides scheduled passenger and cargo services worldwide. The company has market cap of $6.32 billion. It operates in two divisions, Airline Business and Non-Airline Business. It currently has negative earnings. The firm conducts airline activities principally to and from Hong Kong.

More important recent Cathay Pacific Airways Limited (OTCMKTS:CPCAF) news were published by: Barrons.com which released: “Cathay Pacific: Is a Merger with Air China Back on the Horizon?” on July 27, 2017, also Qz.com published article titled: “Once an Asian aviation pioneer, Cathay Pacific is now struggling to leave …”, Qz.com published: “Air India was once the company that inspired Singapore Airlines and Cathay Pacific” on July 04, 2017. More interesting news about Cathay Pacific Airways Limited (OTCMKTS:CPCAF) was released by: Bloomberg.com and their article: “Cheap Lesson for Cathay Pacific” with publication date: May 19, 2017.

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