Swire Pacific Ltd. (OTCMKTS:SWRAY) Sees Significant Increase in Short Interest

Swire Pacific Ltd. (OTCMKTS:SWRAY) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 10,604 shares, an increase of 103.5% from the May 31st total of 5,211 shares. Based on an average daily volume of 55,533 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded shares of Swire Pacific from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Swire Pacific Price Performance

Shares of Swire Pacific stock traded down $0.21 during midday trading on Tuesday, hitting $10.46. The company had a trading volume of 5,645 shares, compared to its average volume of 26,864. Swire Pacific has a 12-month low of $7.77 and a 12-month high of $12.09. The company has a fifty day simple moving average of $10.83 and a 200 day simple moving average of $10.18. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.84 and a current ratio of 0.98.

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.