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Swire Pacific Limited (OTCMKTS:SWRAY) Sees Large Growth in Short Interest

Defense World ·  Aug 29, 2022 06:11

Swire Pacific Limited (OTCMKTS:SWRAY – Get Rating) saw a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 53,400 shares, an increase of 66.9% from the July 31st total of 32,000 shares. Based on an average daily volume of 160,700 shares, the days-to-cover ratio is currently 0.3 days.

Swire Pacific Stock Performance

Shares of SWRAY opened at $7.07 on Monday. Swire Pacific has a 12 month low of $5.21 and a 12 month high of $7.24. The company's fifty day moving average is $6.05 and its 200-day moving average is $5.93. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.89 and a current ratio of 1.01.

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About Swire Pacific

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Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, other luxury residential accommodations, and commercial mixed-use developments; and trading portfolio consists of residential properties.

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