Swire Pacific Limited (OTCMKTS:SWRAY - Get Free Report) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 21,600 shares, a drop of 22.6% from the February 29th total of 27,900 shares. Based on an average daily volume of 28,100 shares, the short-interest ratio is presently 0.8 days.
Swire Pacific Price Performance
OTCMKTS:SWRAY traded up $0.04 during midday trading on Friday, reaching $8.23. The company had a trading volume of 105,473 shares, compared to its average volume of 17,440. The stock's fifty day simple moving average is $8.04 and its 200-day simple moving average is $7.45. Swire Pacific has a 12-month low of $6.20 and a 12-month high of $8.68. The company has a current ratio of 1.17, a quick ratio of 1.05 and a debt-to-equity ratio of 0.23.
Swire Pacific Cuts Dividend
The firm also recently declared a dividend, which will be paid on Monday, May 13th. Shareholders of record on Thursday, April 11th will be paid a $0.2357 dividend. The ex-dividend date is Wednesday, April 10th.
About Swire Pacific
(
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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.
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