CATHAY PACIFIC AIRWAYS LTD ORD ORDINARY (OTCMKTS:CPCAF)’s Stock Is Buy After Less Market Selling

April 20, 2018 - By Stephen Andrade

Cathay Pacific Airways Limited (OTCMKTS:CPCAF) Logo

The stock of CATHAY PACIFIC AIRWAYS LTD ORD ORDINARY (OTCMKTS:CPCAF) registered a decrease of 46.11% in short interest. CPCAF’s total short interest was 5.85 million shares in April as published by FINRA. Its down 46.11% from 10.86 million shares, reported previously. With 200 shares average volume, it will take short sellers 29266 days to cover their CPCAF’s short positions. The short interest to CATHAY PACIFIC AIRWAYS LTD ORD ORDINARY’s float is 0.97%.

It closed at $1.75 lastly. It is down 0.00% since April 20, 2017 and is . It has underperformed by 11.55% 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 $6.49 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.

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