Short Interest in First Pacific Company Limited (OTCMKTS:FPAFY) Expands By 16.5%

First Pacific Company Limited (OTCMKTS:FPAFY) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totalling 63,500 shares, a growth of 16.5% from the July 15th total of 54,500 shares. Based on an average daily trading volume, of 34,800 shares, the short-interest ratio is presently 1.8 days.

First Pacific Price Performance

Shares of First Pacific stock traded up $0.06 on Friday, hitting $2.42. The company’s stock had a trading volume of 31,634 shares, compared to its average volume of 29,682. The firm has a fifty day moving average price of $2.28 and a 200-day moving average price of $2.25. First Pacific has a 1 year low of $1.70 and a 1 year high of $2.50.

First Pacific Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, July 11th. Stockholders of record on Thursday, June 20th were paid a dividend of $0.068 per share. This is an increase from First Pacific’s previous dividend of $0.05. The ex-dividend date of this dividend was Thursday, June 20th.

About First Pacific

First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and cellular networks.