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

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

Swire Pacific Stock Up 0.3 %

Swire Pacific stock traded up $0.03 during mid-day trading on Thursday, reaching $8.94. 31,500 shares of the company were exchanged, compared to its average volume of 34,856. The firm’s 50-day simple moving average is $8.69 and its two-hundred day simple moving average is $8.58. The company has a quick ratio of 0.81, a current ratio of 0.94 and a debt-to-equity ratio of 0.20. Swire Pacific has a twelve month low of $7.49 and a twelve month high of $9.46.

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.