Swire Pacific Limited (OTCMKTS:SWRAY) Short Interest Up 873.8% in October

Swire Pacific Limited (OTCMKTS:SWRAY) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 40,900 shares, an increase of 873.8% from the September 30th total of 4,200 shares. Based on an average daily trading volume, of 43,900 shares, the days-to-cover ratio is currently 0.9 days.

Swire Pacific Trading Up 0.8 %

Shares of OTCMKTS:SWRAY traded up $0.07 during trading on Friday, reaching $8.32. 9,921 shares of the company’s stock traded hands, compared to its average volume of 25,608. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.94 and a quick ratio of 0.81. Swire Pacific has a 12 month low of $6.20 and a 12 month high of $9.46. The company has a 50 day moving average of $8.27 and a 200-day moving average of $8.54.

Swire Pacific Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, October 21st. Stockholders of record on Thursday, September 12th were issued a dividend of $0.1412 per share. The ex-dividend date of this dividend was Thursday, September 12th.

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.