Short Interest in Swire Pacific Limited (OTCMKTS:SWRAY) Expands By 146.2%

Swire Pacific Limited (OTCMKTS:SWRAY) was the target of a significant growth in short interest in 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 volume of 80,600 shares, the days-to-cover ratio is presently 2.5 days.

Swire Pacific Stock Performance

SWRAY stock traded up $0.03 during mid-day trading on Thursday, hitting $8.94. The stock had a trading volume of 31,500 shares, compared to its average volume of 34,856. The firm has a fifty day simple moving average of $8.69 and a 200 day simple moving average of $8.58. Swire Pacific has a 52 week low of $7.49 and a 52 week high of $9.46. 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 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.