Swire Pacific Limited (OTCMKTS:SWRAY) Short Interest Down 99.8% in October

Swire Pacific Limited (OTCMKTS:SWRAY) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 99.8% from the October 15th total of 40,900 shares. Based on an average trading volume of 57,100 shares, the days-to-cover ratio is currently 0.0 days.

Swire Pacific Stock Performance

Shares of SWRAY traded down $0.02 during mid-day trading on Tuesday, reaching $8.33. 16,006 shares of the company’s stock traded hands, compared to its average volume of 25,576. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.81 and a current ratio of 0.94. The business’s 50-day moving average price is $8.28 and its 200-day moving average price is $8.59. Swire Pacific has a 12 month low of $6.25 and a 12 month high of $9.46.

Swire Pacific Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, October 21st. Shareholders of record on Thursday, September 12th were paid a dividend of $0.1412 per share. The ex-dividend date of this dividend was Thursday, September 12th.

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.