First Pacific Co. (OTCMKTS:FPAFY – Get Free Report) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 22,039 shares, a decrease of 72.3% from the September 15th total of 79,640 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 180,158 shares, the short-interest ratio is currently 0.1 days.
First Pacific Stock Up 2.1%
OTCMKTS FPAFY opened at $3.15 on Tuesday. The stock has a 50 day moving average price of $3.24 and a 200-day moving average price of $3.37. First Pacific has a one year low of $2.98 and a one year high of $4.39. The company has a current ratio of 1.55, a quick ratio of 1.27 and a debt-to-equity ratio of 0.82.
About First Pacific
First Pacific Company Limited is a Hong Kong-based investment management and holding company with operations and investments focused primarily on the Asia-Pacific region. The company invests in businesses across consumer foods, telecommunications, infrastructure and natural resources, with significant exposure to the Philippines and Indonesia.
First Pacific’s principal investments include Indofood Sukses Makmur, one of Indonesia’s largest food companies, which produces and distributes products such as noodles, dairy items, snack foods, beverages and other consumer staples.
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