Short Interest in Swire Pacific Ltd. (OTCMKTS:SWRAY) Rises By 59.9%

Swire Pacific Ltd. (OTCMKTS:SWRAYGet Free Report) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 19,413 shares, a growth of 59.9% from the February 12th total of 12,142 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 46,188 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 46,188 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Zacks Research cut Swire Pacific from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Read Our Latest Stock Report on SWRAY

Swire Pacific Trading Up 1.5%

Shares of OTCMKTS:SWRAY opened at $10.95 on Friday. The firm has a 50 day simple moving average of $9.80 and a 200-day simple moving average of $8.93. Swire Pacific has a twelve month low of $7.77 and a twelve month high of $11.90. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.02.

About Swire Pacific

(Get Free Report)

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.

Further Reading

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.