It Seems CATHAY PACIFIC AIRWA (OTCMKTS:CPCAF) Will Go Up. Just Reported Less Shorted Shares

January 14, 2018 - By Henry Gaston

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: