First Pacific Co. (OTCMKTS:FPAFY) Short Interest Up 153.2% in April

First Pacific Co. (OTCMKTS:FPAFY) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 342,355 shares, a growth of 153.2% from the April 15th total of 135,216 shares. Based on an average daily trading volume, of 149,031 shares, the short-interest ratio is currently 2.3 days. Approximately 0.0% of the company’s stock are short sold.

First Pacific Stock Performance

OTCMKTS:FPAFY traded up $0.03 on Friday, reaching $3.60. The stock had a trading volume of 17,623 shares, compared to its average volume of 61,582. The company has a 50-day moving average of $3.66 and a 200 day moving average of $3.92. First Pacific has a 12-month low of $3.32 and a 12-month high of $4.44.

About First Pacific

First Pacific Company Limited is a Hong Kong-based investment management and holding company with a focus on Asia. Since its establishment in 1981, First Pacific has built a diversified portfolio of investments in consumer food products, infrastructure, natural resources and telecommunications. The firm’s strategy centres on acquiring substantial minority interests in companies with strong regional positions and working collaboratively to drive sustainable growth and shareholder value.

In the consumer products sector, First Pacific’s principal holding is in Indofood, one of Indonesia’s largest vertically integrated food companies, known for branded noodles, flour, cooking oils and dairy products.