Swire Pacific Ltd. (OTCMKTS:SWRAY) Short Interest Update

Swire Pacific Ltd. (OTCMKTS:SWRAY) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 5,141 shares, a drop of 77.3% from the August 15th total of 22,662 shares. Based on an average daily trading volume, of 18,293 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Swire Pacific Stock Performance

Swire Pacific stock traded down $0.26 on Friday, hitting $13.33. The company’s stock had a trading volume of 14,087 shares, compared to its average volume of 12,526. Swire Pacific has a one year low of $7.77 and a one year high of $14.28. The company has a current ratio of 0.98, a quick ratio of 0.84 and a debt-to-equity ratio of 0.23. The company has a fifty day moving average price of $12.57 and a 200-day moving average price of $11.44.

Analyst Ratings Changes

Separately, Zacks Research raised Swire Pacific from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Swire Pacific Company Profile

Swire Pacific Limited is a Hong Kong-based diversified investment company with roots in the Swire Group, whose business history dates back to the early 19th century. The company operates as a holding group with interests spanning property, beverages and food, aviation, marine services, and trading and industrial activities.

Its property business, conducted primarily through Swire Properties, develops, owns and manages commercial, retail, hotel and residential projects, particularly in Hong Kong and the Chinese mainland.