Swire Pacific Limited (OTCMKTS:SWRAY) Sees Significant Increase in Short Interest

Swire Pacific Limited (OTCMKTS:SWRAY) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 81,900 shares, a growth of 992.0% from the November 30th total of 7,500 shares. Based on an average daily volume of 65,100 shares, the days-to-cover ratio is currently 1.3 days.

Swire Pacific Stock Performance

OTCMKTS SWRAY traded up $0.04 on Thursday, hitting $9.14. 27,161 shares of the company were exchanged, compared to its average volume of 26,359. 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 twelve month low of $7.49 and a twelve month high of $9.46. The company’s 50 day moving average price is $8.50 and its 200-day moving average price is $8.56.

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.