Swire Pacific Limited (OTCMKTS:SWRAY) Sees Large Increase in Short Interest

Swire Pacific Limited (OTCMKTS:SWRAY - Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,300 shares, an increase of 1,200.0% from the April 30th total of 100 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 56,700 shares, the short-interest ratio is presently 0.0 days.

Swire Pacific Stock Down 1.9%

OTCMKTS SWRAY traded down $0.16 during trading on Friday, hitting $8.31. The stock had a trading volume of 31,159 shares, compared to its average volume of 39,046. 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 has a one year low of $7.69 and a one year high of $9.46. The stock has a 50 day simple moving average of $8.53 and a 200 day simple moving average of $8.64.

Swire Pacific Increases Dividend

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

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.