Swire Pacific Limited (OTCMKTS:SWRAY) Sees Large Growth in Short Interest

Swire Pacific Limited (OTCMKTS:SWRAY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 201,600 shares, an increase of 146.2% from the December 15th total of 81,900 shares. Based on an average trading volume of 80,600 shares, the short-interest ratio is presently 2.5 days.

Swire Pacific Price Performance

Shares of OTCMKTS:SWRAY traded up $0.03 during midday trading on Thursday, hitting $8.94. 31,500 shares of the stock were exchanged, compared to its average volume of 34,856. 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 52-week low of $7.49 and a 52-week high of $9.46. The business’s fifty day simple moving average is $8.69 and its two-hundred day simple moving average is $8.58.

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.