First Pacific Company Limited (OTCMKTS:FPAFY) Sees Large Increase in Short Interest

First Pacific Company Limited (OTCMKTS:FPAFY) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 3,100 shares, a growth of 72.2% from the January 31st total of 1,800 shares. Based on an average daily trading volume, of 49,700 shares, the days-to-cover ratio is presently 0.1 days.

First Pacific Stock Performance

Shares of OTCMKTS:FPAFY traded down $0.07 during midday trading on Tuesday, reaching $2.82. The company had a trading volume of 36,723 shares, compared to its average volume of 24,308. The stock’s fifty day moving average price is $2.79 and its 200-day moving average price is $2.77. The company has a quick ratio of 1.03, a current ratio of 1.26 and a debt-to-equity ratio of 0.81. First Pacific has a one year low of $1.98 and a one year high of $3.19.

First Pacific Company Profile

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.