Short Interest in Swire Pacific Ltd. (OTCMKTS:SWRAY) Declines By 92.2%

Swire Pacific Ltd. (OTCMKTS:SWRAY) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 5,211 shares, a decrease of 92.2% from the May 14th total of 66,913 shares. Based on an average trading volume of 27,630 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Swire Pacific from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Swire Pacific Trading Up 1.3%

Shares of Swire Pacific stock traded up $0.14 during trading on Tuesday, hitting $10.74. 27,076 shares of the company were exchanged, compared to its average volume of 16,102. Swire Pacific has a 1-year low of $7.77 and a 1-year high of $12.09. The firm’s fifty day moving average price is $10.99 and its 200 day moving average price is $9.97. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.98 and a quick ratio of 0.84.

Swire Pacific Company Profile

Swire Pacific Limited is a Hong Kong–based diversified conglomerate and the publicly listed Asian arm of the long-established Swire Group. The company operates across multiple business segments, with major activities in property development and investment, aviation-related interests, beverages and cold‑chain distribution, marine and trading & industrial services. Its property arm is responsible for large-scale commercial and mixed‑use developments and investment portfolios in Hong Kong, Mainland China and selected international markets.

In aviation, Swire Pacific is a long‑standing shareholder in one of the region’s principal carriers and supports aviation‑related operations and services.