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Swire Pacific Limited (OTCMKTS:SWRAY) Short Interest Down 51.3% in April

Swire Pacific logo with Multi-Sector Conglomerates background

Swire Pacific Limited (OTCMKTS:SWRAY - Get Free Report) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 3,800 shares, a drop of 51.3% from the March 31st total of 7,800 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 131,400 shares, the short-interest ratio is presently 0.0 days.

Swire Pacific Trading Up 2.7 %

Shares of OTCMKTS:SWRAY traded up $0.23 during trading hours on Friday, hitting $8.82. 19,092 shares of the company's stock traded hands, compared to its average volume of 41,760. The business has a fifty day moving average price of $8.57 and a 200-day moving average price of $8.59. Swire Pacific has a 1 year low of $7.69 and a 1 year high of $9.46. The company has a quick ratio of 0.81, a current ratio of 0.94 and a debt-to-equity ratio of 0.20.

Swire Pacific Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 19th. Shareholders of record on Thursday, April 10th will be given a $0.2703 dividend. The ex-dividend date of this dividend is Thursday, April 10th. This is an increase from Swire Pacific's previous dividend of $0.14.

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.

Further Reading

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