Swire Pacific Limited (OTCMKTS:SWRAY) Short Interest Update

Swire Pacific Limited (OTCMKTS:SWRAY) has experienced a remarkable surge in short interest during the month of October. As of October 15th, the total short interest reached 40,900 shares, representing an astonishing increase of 873.8% compared to the short interest of 4,200 shares recorded on September 30th. Given the average trading volume of 43,900 shares for the stock, the current days-to-cover ratio stands at 0.9 days.

Swire Pacific Stock Performance

On Friday, Swire Pacific's stock saw a slight increase of 0.8%, closing at $8.32. A total of 9,921 shares were traded, which is below its average trading volume of 25,608 shares. The company maintains a debt-to-equity ratio of 0.20, with a quick ratio of 0.81 and a current ratio of 0.94. At present, Swire Pacific's 50-day moving average price is $8.27, while its 200-day moving average stands at $8.54. The stock has fluctuated between a low of $6.20 and a high of $9.46 over the past fifty-two weeks.

Recent Dividend Announcement

Swire Pacific has also announced a recent dividend payment made on October 21st. Shareholders who were on record as of September 12th received a dividend of $0.1412. The ex-dividend date for this payment was the same day—Thursday, September 12th.

Company Overview

Swire Pacific Limited is actively involved in various sectors such as property, aviation, beverages, marine, and trading and industrial ventures across Hong Kong, Mainland China, and internationally. The company's property segment develops, owns, and manages mixed-use properties, including office spaces, retail locations, serviced apartments, and luxurious residential units; its trading segment focuses on residential properties.

Investing Insights

Before making an investment in Swire Pacific, it's crucial to assess its current market standing. While analysts suggest a "hold" rating for the stock, potential investors may want to explore alternative options that analysts believe could offer better returns.

Swire, Pacific, Stocks