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

Swire Pacific Ltd. (OTCMKTS:SWRAY) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 29,134 shares, an increase of 494.5% from the January 15th total of 4,901 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 46,871 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 46,871 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the shares of the company are short sold.

Swire Pacific Stock Performance

SWRAY traded up $0.01 during trading on Tuesday, hitting $10.15. The company’s stock had a trading volume of 20,652 shares, compared to its average volume of 21,665. The firm’s 50 day moving average price is $8.77 and its two-hundred day moving average price is $8.69. The company has a current ratio of 1.02, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24. Swire Pacific has a 12 month low of $7.77 and a 12 month high of $10.20.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Swire Pacific from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Swire Pacific currently has a consensus rating of “Strong Buy”.

About Swire Pacific

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.