First Pacific Co. (OTCMKTS:FPAFY – Get Free Report) saw a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 99,912 shares, an increase of 63.8% from the February 12th total of 61,005 shares. Based on an average daily trading volume, of 117,752 shares, the short-interest ratio is currently 0.8 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 117,752 shares, the short-interest ratio is currently 0.8 days.
First Pacific Trading Down 1.8%
OTCMKTS:FPAFY opened at $3.75 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.27 and a debt-to-equity ratio of 0.81. First Pacific has a 1 year low of $2.67 and a 1 year high of $4.44. The stock’s 50 day simple moving average is $4.02 and its two-hundred day simple moving average is $4.08.
First Pacific Company Profile
First Pacific Company Limited is a Hong Kong-based investment management and holding company with a focus on Asia. Since its establishment in 1981, First Pacific has built a diversified portfolio of investments in consumer food products, infrastructure, natural resources and telecommunications. The firm’s strategy centres on acquiring substantial minority interests in companies with strong regional positions and working collaboratively to drive sustainable growth and shareholder value.
In the consumer products sector, First Pacific’s principal holding is in Indofood, one of Indonesia’s largest vertically integrated food companies, known for branded noodles, flour, cooking oils and dairy products.
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