First Pacific Company Limited (OTCMKTS:FPAFY – Get Free Report) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 54,500 shares, a growth of 40.8% from the June 15th total of 38,700 shares. Based on an average trading volume of 40,800 shares, the days-to-cover ratio is currently 1.3 days.
First Pacific Stock Performance
First Pacific stock traded up $0.02 during mid-day trading on Monday, hitting $2.32. The company’s stock had a trading volume of 21,137 shares, compared to its average volume of 31,481. First Pacific has a one year low of $1.70 and a one year high of $2.50. The company has a 50 day moving average of $2.33 and a 200-day moving average of $2.20.
First Pacific Increases Dividend
The company also recently announced a dividend, which was paid on Thursday, July 11th. Shareholders of record on Thursday, June 20th were issued a $0.068 dividend. This is a boost from First Pacific’s previous dividend of $0.05. The ex-dividend date was Thursday, June 20th.
About First Pacific
First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and cellular networks.
Further Reading
- Five stocks we like better than First Pacific
- 3 Warren Buffett Stocks to Buy Now
- Automaker’s Bold Move to an EV Future: Is It Time to Buy Stock?
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Massive Breakout: This ETF Signals Big Gains for Small-Cap Stocks
- Stock Average Calculator
- Major Gaming Stock to Watch: Why It’s a Safe Bet Now
Receive News & Ratings for First Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Pacific and related companies with MarketBeat.com's FREE daily email newsletter.