First Pacific Co. (OTCMKTS:FPAFY) Short Interest Update

Key Points

• First Pacific Co. experienced a substantial increase in short interest, rising by 115.9% to a total of 96,500 shares as of July 31st, with a current days-to-cover ratio of 1.7 days.
• The company recently declared a dividend of $0.0731 per share, reflecting a yield of 375.0%, which is an increase from the previous dividend of $0.07.
• First Pacific's stock traded at $4.05 on Friday, with a 12-month price range spanning from $2.38 to $4.20.

First Pacific Co. (OTCMKTS:FPAFY - ) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 96,500 shares, anincreaseof115.9% from the July 15th total of 44,700 shares. Currently,0.0% of the shares of the stock are sold short. Based on an average daily volume of 56,500 shares, the days-to-cover ratio is currently 1.7 days. Based on an average daily volume of 56,500 shares, the days-to-cover ratio is currently 1.7 days. Currently,0.0% of the shares of the stock are sold short.

First Pacific Stock Performance

First Pacific stock traded down $0.12 on Friday, reaching $4.05. The company's stock had a trading volume of 24,970 shares, compared to its average volume of 29,050. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.35 and a quick ratio of 1.07. The business's fifty day moving average price is $3.85 and its 200 day moving average price is $3.40. First Pacific has a twelve month low of $2.38 and a twelve month high of $4.20.

First Pacific Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, July 10th. Stockholders of record on Tuesday, June 24th were paid a dividend of $0.0731 per share. This represents a dividend yield of 375.0%. This is a boost from First Pacific's previous dividend of $0.07. The ex-dividend date of this dividend was Monday, June 23rd.

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.

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