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

Swire Pacific Limited (OTCMKTS:SWRAY) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decrease of 99.8% from the October 15th total of 40,900 shares. Based on an average daily trading volume, of 57,100 shares, the days-to-cover ratio is currently 0.0 days.

Swire Pacific Stock Performance

Shares of SWRAY traded down $0.02 during midday trading on Tuesday, hitting $8.33. The stock had a trading volume of 16,006 shares, compared to its average volume of 25,576. The business has a 50-day simple moving average of $8.28 and a two-hundred day simple moving average of $8.59. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.81 and a current ratio of 0.94. Swire Pacific has a fifty-two week low of $6.25 and a fifty-two week high of $9.46.

Swire Pacific Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, October 21st. Investors 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.

About Swire Pacific

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.