This surge in short interest is a significant development, especially when considering the company’s recent financial performance. Cathay Pacific has been facing a number of challenges, including a decline in passenger traffic, operational inefficiencies, and increased competition. Despite these challenges, Cathay Pacific has continued to demonstrate resilience. The company’s CEO, Augustus Chan, has taken steps to address these issues, including cost-cutting measures and a focus on enhancing customer service.

This summary focuses on the recent activity of Cathay Pacific Airways Ltd (NYSE:CAT) and its hedge fund holdings. It highlights the importance of understanding the holdings of hedge funds, as they can provide valuable insights into the market sentiment and potential investment opportunities. **Key Points:**

* **Hedge fund activity:** Cathay Pacific Airways Ltd (NYSE:CAT) has seen significant activity from hedge funds in recent months.

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