Short Interest in Swire Pacific Limited (OTCMKTS:SWRAY) Grows By 30.0%

Swire Pacific Limited (OTCMKTS:SWRAY) saw a significant growth in short interest during 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. Based on an average daily trading volume, of 49,400 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Swire Pacific Stock Down 0.4 %

OTCMKTS:SWRAY traded down $0.03 during trading hours on Friday, hitting $8.19. The company had a trading volume of 28,091 shares, compared to its average volume of 42,168. Swire Pacific has a 1 year low of $7.49 and a 1 year high of $9.46. The company has a 50-day moving average of $8.53 and a 200 day moving average of $8.58. 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 Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, May 19th. Stockholders of record on Thursday, April 10th will be given a dividend of $0.2703 per share. The ex-dividend date of this dividend is Thursday, April 10th. This is a positive change 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.