First Pacific Co. (OTCMKTS:FPAFY) Short Interest Update

First Pacific Co. (OTCMKTS:FPAFY) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 81,433 shares, a growth of 472.6% from the November 30th total of 14,222 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 121,908 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 121,908 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the company’s stock are sold short.

First Pacific Price Performance

FPAFY opened at $3.99 on Friday. First Pacific has a twelve month low of $2.63 and a twelve month high of $4.44. The company has a quick ratio of 1.01, a current ratio of 1.27 and a debt-to-equity ratio of 0.81. The company has a fifty day simple moving average of $4.07 and a 200 day simple moving average of $4.04.

About First Pacific

First Pacific Company Limited is a Hong Kong-based investment management and holding company with a focus on Asia. Since its establishment in 1981, First Pacific has built a diversified portfolio of investments in consumer food products, infrastructure, natural resources and telecommunications. The firm’s strategy centres on acquiring substantial minority interests in companies with strong regional positions and working collaboratively to drive sustainable growth and shareholder value.

In the consumer products sector, First Pacific’s principal holding is in Indofood, one of Indonesia’s largest vertically integrated food companies, known for branded noodles, flour, cooking oils and dairy products.