Swire Pacific Limited (OTCMKTS:SWRAY) Sees Significant Growth in Short Interest

Swire Pacific Limited (OTCMKTS:SWRAY - Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 7,800 shares, a growth of 30.0% from the March 15th total of 6,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 49,400 shares, the short-interest ratio is presently 0.2 days.

Swire Pacific Stock Up 1.0 %

SWRAY traded up $0.08 during trading on Thursday, reaching $8.32. The stock had a trading volume of 45,440 shares, compared to its average volume of 42,010. Swire Pacific has a 1-year low of $7.69 and a 1-year high of $9.46. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.81 and a current ratio of 0.94. The stock has a 50 day moving average of $8.53 and a two-hundred day moving average of $8.57.

Swire Pacific Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, April 10th will be paid a $0.2703 dividend. The ex-dividend date is Thursday, April 10th. This is an increase 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.