Swire Pacific Limited (OTCMKTS:SWRAY) Sees Significant Increase in Short Interest

Swire Pacific Limited (OTCMKTS:SWRAY) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 81,900 shares, a growth of 992.0% from the November 30th total of 7,500 shares. Based on an average trading volume of 65,100 shares, the days-to-cover ratio is presently 1.3 days.

Swire Pacific Trading Up 0.3 %

Shares of OTCMKTS:SWRAY traded up $0.02 during midday trading on Friday, hitting $9.16. 39,813 shares of the stock traded hands, compared to its average volume of 26,412. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.81 and a current ratio of 0.94. The business’s 50 day moving average is $8.54 and its two-hundred day moving average is $8.57. Swire Pacific has a one year low of $7.49 and a one year high of $9.46.

Swire Pacific Company Profile

Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, and other luxury residential accommodations; and trading portfolio consists of residential properties.