Swire Pacific Limited (OTCMKTS:SWRAY) Short Interest Up 992.0% in December

Swire Pacific Limited (OTCMKTS:SWRAY) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 81,900 shares, a growth of 992.0% from the November 30th total of 7,500 shares. Based on an average daily volume of 65,100 shares, the days-to-cover ratio is presently 1.3 days.

Swire Pacific Price Performance

Shares of OTCMKTS SWRAY traded up $0.02 during trading hours on Friday, reaching $9.16. 39,813 shares of the stock traded hands, compared to its average volume of 26,412. The company’s 50-day simple moving average is $8.54 and its two-hundred day simple moving average is $8.57. Swire Pacific has a 52-week low of $7.49 and a 52-week high of $9.46. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.81 and a current ratio of 0.94.

About Swire Pacific

Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, and other luxury residential accommodations; and trading portfolio consists of residential properties.