First Pacific Company Limited (OTCMKTS:FPAFY – Get Rating) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 800 shares, an increase of 100.0% from the August 15th total of 400 shares. Based on an average trading volume of 26,700 shares, the short-interest ratio is presently 0.0 days.

First Pacific Price Performance

FPAFY stock traded down $0.02 during trading on Friday, reaching $1.77. 28,903 shares of the stock traded hands, compared to its average volume of 17,290. The business's 50 day moving average price is $1.91 and its 200-day moving average price is $1.98. First Pacific has a 52-week low of $1.66 and a 52-week high of $2.26.

First Pacific Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, October 12th. Shareholders of record on Friday, September 16th will be given a dividend of $0.0549 per share. This represents a yield of 5.89%. The ex-dividend date is Thursday, September 15th. This is an increase from First Pacific's previous dividend of $0.05.

About First Pacific

First Pacific Company Limited, an investment management and holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and mobile networks.

Read More

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