First Pacific Company Limited (OTCMKTS:FPAFY) Short Interest Down 84.7% in March

First Pacific Company Limited (OTCMKTS:FPAFY) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 2,400 shares, a decrease of 84.7% from the February 28th total of 15,700 shares. Based on an average daily trading volume, of 44,300 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

First Pacific Stock Performance

Shares of OTCMKTS FPAFY traded up $0.02 during midday trading on Thursday, hitting $3.20. The stock had a trading volume of 17,978 shares, compared to its average volume of 27,033. First Pacific has a 1 year low of $2.02 and a 1 year high of $3.42. The stock has a 50 day simple moving average of $2.90 and a 200-day simple moving average of $2.84. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.03 and a current ratio of 1.26.

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.