First Pacific Co. (OTCMKTS:FPAFY) Shares Shorted: Short Interest Down 71.8% in October

First Pacific Co. (OTCMKTS:FPAFY) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 6,221 shares, a decrease of 71.8% from the September 30th total of 22,039 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 109,238 shares, the short-interest ratio is presently 0.1 days.

First Pacific Trading Up 2.4%

FPAFY stock opened at $2.99 on Friday. The firm has a 50 day simple moving average of $3.14 and a two-hundred day simple moving average of $3.50. First Pacific has a one year low of $2.91 and a one year high of $4.39. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.55 and a quick ratio of 1.27.

About First Pacific

First Pacific Company Limited is a Hong Kong-based investment management and holding company with principal interests in the Philippines and Indonesia. The company focuses on long-term investments in businesses serving consumer, communications, infrastructure and natural-resources markets.

Through its portfolio companies, First Pacific has exposure to branded food products and agribusiness through Indofood Sukses Makmur in Indonesia; telecommunications through PLDT in the Philippines; and infrastructure and utility-related businesses through investments associated with Metro Pacific.