Swire Pacific Limited (OTCMKTS:SWRAY – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 40,900 shares, an increase of 873.8% from the September 30th total of 4,200 shares. Based on an average daily trading volume, of 43,900 shares, the short-interest ratio is presently 0.9 days.
Swire Pacific Trading Up 0.8 %
Shares of SWRAY traded up $0.07 on Friday, reaching $8.32. The stock had a trading volume of 9,921 shares, compared to its average volume of 25,608. The firm has a 50-day moving average of $8.27 and a 200 day moving average of $8.54. Swire Pacific has a twelve month low of $6.20 and a twelve month high of $9.46. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.81 and a current ratio of 0.94.
Swire Pacific Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Monday, October 21st. Investors of record on Thursday, September 12th were paid a $0.1412 dividend. The ex-dividend date was Thursday, September 12th.
Swire Pacific Company Profile
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, and other luxury residential accommodations; and trading portfolio consists of residential properties.
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