First Pacific Co. (OTCMKTS:FPAFY) Short Interest Down 52.4% in January

First Pacific Co. (OTCMKTS:FPAFY) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 59,305 shares, a drop of 52.4% from the January 15th total of 124,572 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 120,643 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 120,643 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are sold short.

First Pacific Stock Up 0.5%

OTCMKTS:FPAFY traded up $0.02 during mid-day trading on Friday, hitting $4.25. 6,809 shares of the stock traded hands, compared to its average volume of 60,393. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.01 and a current ratio of 1.27. First Pacific has a 52 week low of $2.65 and a 52 week high of $4.44. The firm’s 50 day moving average is $3.96 and its two-hundred day moving average is $4.09.

First Pacific Company Profile

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.