Swire Pacific Limited (OTCMKTS:SWRAY - Get Free Report) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totalling 12,400 shares, a decline of 63.4% from the April 15th total of 33,900 shares. Based on an average trading volume of 75,300 shares, the days-to-cover ratio is presently 0.2 days.
Swire Pacific Stock Performance
Swire Pacific stock traded up $0.02 during trading on Friday, hitting $8.75. The company's stock had a trading volume of 3,560 shares, compared to its average volume of 29,947. The stock's fifty day moving average is $8.17 and its 200 day moving average is $7.70. Swire Pacific has a 1-year low of $6.20 and a 1-year high of $9.00.
Swire Pacific Cuts Dividend
The company also recently declared a dividend, which will be paid on Monday, May 13th. Shareholders of record on Thursday, April 11th will be given a dividend of $0.2357 per share. The ex-dividend date is Wednesday, April 10th.
About Swire Pacific
(
Get Free Report)
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.
Featured Stories
Before you consider Swire Pacific, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Swire Pacific wasn't on the list.
While Swire Pacific currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
