Swire Pacific Ltd. (OTCMKTS:SWRAY – Get Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 49,505 shares, a drop of 59.8% from the July 15th total of 123,014 shares. Based on an average trading volume of 56,070 shares, the short-interest ratio is currently 0.9 days. Approximately 0.0% of the shares of the company are short sold.
Swire Pacific Price Performance
OTCMKTS:SWRAY opened at $13.06 on Monday. The business’s fifty day moving average is $11.41 and its 200 day moving average is $10.97. The company has a current ratio of 0.98, a quick ratio of 0.84 and a debt-to-equity ratio of 0.23. Swire Pacific has a 52-week low of $7.77 and a 52-week high of $13.76.
Hedge Funds Weigh In On Swire Pacific
A hedge fund recently bought a new position in Swire Pacific stock. Great Lakes Advisors LLC bought a new position in Swire Pacific Ltd. (OTCMKTS:SWRAY – Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 6,753 shares of the conglomerate’s stock, valued at approximately $490,000.
About Swire Pacific
Swire Pacific Limited is a Hong Kong–based diversified conglomerate and the publicly listed Asian arm of the long-established Swire Group. The company operates across multiple business segments, with major activities in property development and investment, aviation-related interests, beverages and cold‑chain distribution, marine and trading & industrial services. Its property arm is responsible for large-scale commercial and mixed‑use developments and investment portfolios in Hong Kong, Mainland China and selected international markets.
In aviation, Swire Pacific is a long‑standing shareholder in one of the region’s principal carriers and supports aviation‑related operations and services.
See Also
- Five stocks we like better than Swire Pacific
- JFrog’s AI Opportunity Could Fuel a Big Leap in Share Price
- Is SiTime the Best AI Stock You’ve Never Heard Of?
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
Receive News & Ratings for Swire Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swire Pacific and related companies with MarketBeat.com's FREE daily email newsletter.
