Swire Pacific Ltd. (OTCMKTS:SWRAY) Short Interest Update

Key Points

• Swire Pacific Ltd. saw a 96.8% decline in short interest in September, dropping from 18,500 shares to just 600 shares.
• The company announced a dividend of $0.1463 per share, with a yield of 462.0%, payable on October 20th to investors of record as of September 12th.
• SWRAY stock traded down 1.3% to $8.42, with its 52-week range noted between a low of $7.77 and a high of $9.63.

Swire Pacific Ltd. (OTCMKTS:SWRAY - ) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 600 shares, a decline of 96.8% from the August 31st total of 18,500 shares. Based on an average daily volume of 47,500 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 47,500 shares, the days-to-cover ratio is currently 0.0 days.

Swire Pacific Trading Down 1.3%

Shares of SWRAY stock traded down $0.11 during trading hours on Tuesday, hitting $8.42. 34,068 shares of the company were exchanged, compared to its average volume of 36,092. The company has a 50 day simple moving average of $8.82 and a two-hundred day simple moving average of $8.69. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.02. Swire Pacific has a fifty-two week low of $7.77 and a fifty-two week high of $9.63.

Swire Pacific Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, October 20th. Investors of record on Friday, September 12th will be paid a dividend of $0.1463 per share. This represents a 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.

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