Short Interest in First Pacific Company Limited (OTCMKTS:FPAFY) Increases By 40.8%

First Pacific Company Limited (OTCMKTS:FPAFY) 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.