Short Interest in Swire Properties Limited (OTCMKTS:SWPFF) Drops By 49.0%

Swire Properties Limited (OTCMKTS:SWPFFGet Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 429,322 shares, a drop of 49.0% from the June 15th total of 842,522 shares. Based on an average daily trading volume, of 2,037 shares, the short-interest ratio is presently 210.8 days.

Swire Properties Price Performance

SWPFF stock opened at $2.60 on Wednesday. Swire Properties has a one year low of $2.48 and a one year high of $3.35. The company’s fifty day moving average price is $2.88 and its 200-day moving average price is $3.01.

About Swire Properties

(Get Free Report)

Swire Properties is a Hong Kong–based property developer and investor, operating as a subsidiary of Swire Pacific. The company focuses on the development, investment and management of mixed-use property portfolios, encompassing office towers, shopping malls, residential complexes and hotels. With a strategic emphasis on creating vibrant urban centres, Swire Properties combines long-term investment horizons with design-led development to deliver high-quality spaces for businesses, retailers and residents.

In its home market, Swire Properties owns and manages landmark projects such as Pacific Place, Taikoo Place and Citygate.

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