Swire Properties Limited (OTCMKTS:SWPFF) Sees Significant Drop in Short Interest

Swire Properties Limited (OTCMKTS:SWPFF) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 35,600 shares, a decline of 35.7% from the November 30th total of 55,400 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is currently 32.4 days.

Swire Properties Stock Performance

Shares of SWPFF stock opened at $2.02 on Monday. Swire Properties has a 1 year low of $1.59 and a 1 year high of $2.18. The stock has a fifty day moving average of $2.09 and a two-hundred day moving average of $1.86.

About Swire Properties

Swire Properties Limited, together with its subsidiaries, develops, owns, and operates mixed-use, primarily commercial properties in Hong Kong, Mainland China, the United States, and internationally. It operates through three divisions: Property Investment, Property Trading, and Hotels. The company engages in the development, leasing, and management of commercial, retail, and residential properties; development, construction, and sale of residential apartments; and operation of hotels.