Swire Properties Limited (OTCMKTS:SWPFF) Short Interest Update

Swire Properties Limited (OTCMKTS:SWPFF) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 35,600 shares, a drop of 35.7% from the November 30th total of 55,400 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 32.4 days.

Swire Properties Price Performance

Shares of SWPFF stock opened at $2.02 on Friday. The stock’s fifty day simple moving average is $2.09 and its 200 day simple moving average is $1.86. Swire Properties has a one year low of $1.59 and a one year high of $2.18.

About Swire Properties

Swire Properties Limited, together with its subsidiaries, develops, owns, and operates mixed-use, primarily commercial properties in Hong Kong, Mainland China, the United States, and internationally. It operates through three divisions: Property Investment, Property Trading, and Hotels. The company engages in the development, leasing, and management of commercial, retail, and residential properties; development, construction, and sale of residential apartments; and operation of hotels.