Swire Properties Limited (OTCMKTS:SWPFF) Short Interest Down 16.7% in October

Swire Properties Limited (OTCMKTS:SWPFF) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 119,900 shares, a decline of 16.7% from the September 30th total of 143,900 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 599.5 days.

Swire Properties Price Performance

Shares of SWPFF stock remained flat at $2.18 during trading hours on Wednesday. The stock’s 50-day simple moving average is $1.89 and its 200 day simple moving average is $1.80. Swire Properties has a one year low of $1.59 and a one year high of $2.18.

Swire Properties Company Profile

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.