Swire Pacific Limited (OTCMKTS:SWRAY) Short Interest Update

Swire Pacific Limited (OTCMKTS:SWRAY) experienced a notable rise in short interest for the month of October. As of October 15th, the short interest reached a total of 40,900 shares. This marks an astonishing increase of 873.8% from the 4,200 shares reported on September 30th. With an average trading volume of 43,900 shares, the current days-to-cover ratio stands at 0.9 days.

Swire Pacific Stock Performance

On Friday, Swire Pacific’s shares increased by 0.8%, closing at $8.32. A total of 9,921 shares changed hands, which is below its average volume of 25,608 shares. The company demonstrates financial stability with a debt-to-equity ratio of 0.20. Its quick ratio is 0.81, and the current ratio is 0.94. Swire Pacific’s stock has a fifty-day moving average price of $8.27 and a two-hundred-day moving average price of $8.54. The shares have fluctuated, reaching a fifty-two week low of $6.20 and a high of $9.46.

Recent Dividend Announcement

Swire Pacific also announced a recent dividend which was disbursed on October 21st. Shareholders who were on record as of September 12th received a dividend payment of $0.1412. It is important to note that the ex-dividend date was the same day, September 12th.

About Swire Pacific Limited

Swire Pacific Limited operates various businesses including property, aviation, beverages, marine, and trading and industrial sectors. Their operations span across Hong Kong, Mainland China, the rest of Asia, the United States, and other international markets. The Property division focuses on the development, ownership, and management of mixed-use properties. Their property investment portfolio consists of both office and retail spaces, serviced apartments, as well as luxury residential accommodations, while their trading portfolio includes residential properties.

Investment Considerations

Investors looking for potential investment opportunities might be interested to know that Swire Pacific currently carries a 'hold' rating from analysts. As investment sentiments shift, top researchers have highlighted five alternative stocks that may present better buying options compared to Swire Pacific.

This article aims to provide a comprehensive understanding of Swire Pacific’s stock performance and short interest updates, making it easier for investors to stay informed.

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