Swire Pacific Ltd. (OTCMKTS:SWRAY) Sees Significant Decline in Short Interest

Swire Pacific Ltd. (OTCMKTS:SWRAYGet Free Report) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 5,229 shares, a drop of 57.4% from the December 15th total of 12,283 shares. Based on an average daily volume of 75,516 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 75,516 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Zacks Research upgraded Swire Pacific from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on SWRAY

Swire Pacific Stock Performance

Shares of SWRAY stock opened at $9.26 on Friday. The company’s fifty day simple moving average is $8.47 and its 200-day simple moving average is $8.60. Swire Pacific has a 52 week low of $7.77 and a 52 week high of $9.63. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.02 and a quick ratio of 0.89.

About Swire Pacific

(Get Free Report)

Swire Pacific Limited is a Hong Kong–based diversified conglomerate and the publicly listed Asian arm of the long-established Swire Group. The company operates across multiple business segments, with major activities in property development and investment, aviation-related interests, beverages and cold‑chain distribution, marine and trading & industrial services. Its property arm is responsible for large-scale commercial and mixed‑use developments and investment portfolios in Hong Kong, Mainland China and selected international markets.

In aviation, Swire Pacific is a long‑standing shareholder in one of the region’s principal carriers and supports aviation‑related operations and services.

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