Short Interest in Swire Properties Limited (OTCMKTS:SWPFF) Declines By 29.6%

Swire Properties Limited (OTCMKTS:SWPFF) saw a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 35,600 shares, a decline of 29.6% from the January 15th total of 50,600 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 59.3 days.

Swire Properties Price Performance

OTCMKTS SWPFF opened at $2.02 on Friday. The company has a fifty day moving average of $2.02 and a two-hundred day moving average of $1.95. Swire Properties has a 52 week low of $1.59 and a 52 week high of $2.18.

Swire Properties Company Profile

Swire Properties Limited, together with its subsidiaries, develops, owns, and operates mixed-use, primarily commercial properties in Hong Kong, Mainland China, the United States, and internationally. It operates through three divisions: Property Investment, Property Trading, and Hotels. The company engages in the development, leasing, and management of commercial, retail, and residential properties; development, construction, and sale of residential apartments; and operation of hotels.