Short Interest in First Pacific Company Limited (OTCMKTS:FPAFY) Decreases By 99.6%

First Pacific Company Limited (OTCMKTS:FPAFY) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totalling 300 shares, a decline of 99.6% from the September 30th total of 77,300 shares. Based on an average daily volume of 69,000 shares, the short-interest ratio is presently 0.0 days.

First Pacific Stock Up 0.3 %

Shares of OTCMKTS FPAFY traded up $0.01 during mid-day trading on Friday, reaching $2.91. 22,477 shares of the company’s stock traded hands, compared to its average volume of 37,982. The business has a 50-day simple moving average of $2.68 and a 200 day simple moving average of $2.43. First Pacific has a 1-year low of $1.70 and a 1-year high of $3.04.

First Pacific Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 7th. Stockholders of record on Friday, September 6th were issued a dividend of $0.0654 per share. The ex-dividend date of this dividend was Friday, September 6th.

About First Pacific

First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and cellular networks.