Short Interest in First Pacific Company Limited (OTCMKTS:FPAFY) Decreases By 97.0%

First Pacific Company Limited (OTCMKTS:FPAFY) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 400 shares, a drop of 97.0% from the November 30th total of 13,400 shares. Based on an average daily trading volume, of 58,100 shares, the days-to-cover ratio is currently 0.0 days.

First Pacific Trading Up 3.7 %

Shares of OTCMKTS:FPAFY traded up $0.13 during mid-day trading on Friday, reaching $2.94. 6,532 shares of the company traded hands, compared to its average volume of 28,637. The company’s 50 day moving average price is $2.88 and its 200-day moving average price is $2.60. First Pacific has a 52 week low of $1.84 and a 52 week high of $3.19.

About First Pacific

First Pacific Company Limited, an investment 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 cellular networks.