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

Swire Pacific Limited (OTCMKTS:SWRAY) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 48,800 shares, a growth of 94.4% from the May 31st total of 25,100 shares. Based on an average daily trading volume, of 26,400 shares, the days-to-cover ratio is currently 1.8 days.

Swire Pacific Trading Up 0.5 %

Swire Pacific stock traded up $0.04 during mid-day trading on Friday, hitting $8.89. 12,125 shares of the company’s stock were exchanged, compared to its average volume of 14,961. Swire Pacific has a 1-year low of $6.20 and a 1-year high of $9.18. The stock has a 50 day moving average of $8.70 and a two-hundred day moving average of $8.28.

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.