Short Interest in Swire Pacific Ltd. (OTCMKTS:SWRAY) Expands By 28.5%

Key Points

• Short interest in Swire Pacific Ltd. has increased by 28.5%, with 18,500 shares short as of August 31st, compared to 14,400 shares on August 15th.
• Swire Pacific announced a dividend of $0.1463, which will yield 462.0% and is payable on October 20th to shareholders of record on September 12th.
• The company's stock has a current price of $8.78, with a one-year low of $7.77 and a high of $9.63.

Swire Pacific Ltd. (OTCMKTS:SWRAY - Get Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 18,500 shares, a growth of 28.5% from the August 15th total of 14,400 shares. Based on an average daily volume of 49,000 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 49,000 shares, the short-interest ratio is currently 0.4 days.

Swire Pacific Stock Down 0.0%

Swire Pacific stock traded down $0.00 during mid-day trading on Friday, reaching $8.70. The company's stock had a trading volume of 60,060 shares, compared to its average volume of 21,083. The company has a quick ratio of 0.92, a current ratio of 1.06 and a debt-to-equity ratio of 0.24. The business's 50 day simple moving average is $8.87 and its 200 day simple moving average is $8.71. Swire Pacific has a 12 month low of $7.77 and a 12 month high of $9.63.

Swire Pacific Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, October 20th. Investors of record on Friday, September 12th will be issued a $0.1463 dividend. This represents a dividend yield of 462.0%. The ex-dividend date of this dividend is Thursday, September 11th.

Swire Pacific Company Profile

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.