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 in 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 stock are short sold. Based on an average trading volume of 56,700 shares, the short-interest ratio is presently 0.0 days.

Swire Pacific Trading Down 0.9%

Shares of Swire Pacific stock traded down $0.08 during trading hours on Monday, reaching $8.37. 54,862 shares of the company were exchanged, compared to its average volume of 39,286. 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 1 year low of $7.69 and a 1 year high of $9.46. The stock's fifty day moving average is $8.53 and its 200 day moving average is $8.64.

Swire Pacific Increases Dividend

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

About Swire Pacific

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.