Short Interest in Swire Pacific Limited (OTCMKTS:SWRAY) Decreases By 99.8%

Swire Pacific Limited (OTCMKTS:SWRAY) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decline of 99.8% from the October 15th total of 40,900 shares. Based on an average daily volume of 57,100 shares, the short-interest ratio is presently 0.0 days.

Swire Pacific Stock Performance

Swire Pacific stock opened at $8.49 on Thursday. The company has a quick ratio of 0.81, a current ratio of 0.94 and a debt-to-equity ratio of 0.20. Swire Pacific has a twelve month low of $6.31 and a twelve month high of $9.46. The stock’s fifty day simple moving average is $8.28 and its 200-day simple moving average is $8.60.

Swire Pacific Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, October 21st. Shareholders of record on Thursday, September 12th were issued a dividend of $0.1412 per share. The ex-dividend date of this dividend was Thursday, September 12th.

About Swire Pacific

Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, and other luxury residential accommodations; and trading portfolio consists of residential properties.