Swire Properties Limited (OTCMKTS:SWPFF) Sees Significant Drop in Short Interest

Swire Properties Limited (OTCMKTS:SWPFFGet Free Report) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totaling 687,190 shares, a drop of 34.1% from the November 30th total of 1,043,183 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 6,871.9 days. Based on an average trading volume of 100 shares, the short-interest ratio is presently 6,871.9 days.

Swire Properties Price Performance

Shares of OTCMKTS SWPFF opened at $2.62 on Wednesday. The business has a 50-day moving average of $2.80 and a 200-day moving average of $2.68. Swire Properties has a 12 month low of $1.87 and a 12 month high of $2.96.

About Swire Properties

(Get Free Report)

Swire Properties is a Hong Kong–based property developer and investor, operating as a subsidiary of Swire Pacific. The company focuses on the development, investment and management of mixed-use property portfolios, encompassing office towers, shopping malls, residential complexes and hotels. With a strategic emphasis on creating vibrant urban centres, Swire Properties combines long-term investment horizons with design-led development to deliver high-quality spaces for businesses, retailers and residents.

In its home market, Swire Properties owns and manages landmark projects such as Pacific Place, Taikoo Place and Citygate.

Further Reading

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