Swire Properties Limited (OTCMKTS:SWPFF) Sees Significant Decline in Short Interest

Swire Properties Limited (OTCMKTS:SWPFF) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 390,100 shares, a decrease of 66.3% from the August 31st total of 1,159,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Swire Properties Stock Performance

Shares of OTCMKTS SWPFF remained flat at $1.80 during midday trading on Friday. The business’s 50-day moving average price is $1.73 and its 200-day moving average price is $1.81. Swire Properties has a one year low of $1.59 and a one year high of $2.10.

About Swire Properties

Swire Properties Limited, together with its subsidiaries, develops, owns, and operates mixed-use, primarily commercial properties in Hong Kong, Mainland China, the United States, and internationally. It operates through three divisions: Property Investment, Property Trading, and Hotels. The company engages in the development, leasing, and management of commercial, retail, and residential properties; development, construction, and sale of residential apartments; and operation of hotels.