Short Interest in Swire Properties Limited (OTCMKTS:SWPFF) Decreases By 41.6%

Swire Properties Limited (OTCMKTS:SWPFF) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 1,159,200 shares, a decline of 41.6% from the August 15th total of 1,984,600 shares. Based on an average daily volume of 4,100 shares, the short-interest ratio is presently 282.7 days.

Swire Properties Stock Performance

SWPFF stock remained flat at $1.80 on Friday. Swire Properties has a twelve month low of $1.59 and a twelve month high of $2.10. The business’s 50 day moving average price is $1.70 and its two-hundred day moving average price is $1.83.

Swire Properties Company Profile

Swire Properties Limited, together with its subsidiaries, develops, owns, and operates mixed-use, primarily commercial properties in Hong Kong, Mainland China, the United States, and internationally. It operates through three divisions: Property Investment, Property Trading, and Hotels. The company engages in the development, leasing, and management of commercial, retail, and residential properties; development, construction, and sale of residential apartments; and operation of hotels.