Swire Properties Limited (OTCMKTS:SWPFF) Sees Significant Increase in Short Interest

Swire Properties Limited (OTCMKTS:SWPFFGet Rating) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 5,609,200 shares, an increase of 1,611.2% from the March 15th total of 327,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 56,092.0 days.

Shares of OTCMKTS SWPFF traded down $0.08 during mid-day trading on Tuesday, hitting $2.60. The firm has a 50-day moving average of $2.62 and a 200-day moving average of $2.56. Swire Properties has a one year low of $1.77 and a one year high of $3.00.

Swire Properties Company Profile (Get Rating)

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 segments: Property Investment, Property Trading, and Hotels. The company is involved in the development, leasing, and management of commercial, retail, and residential properties; development, construction, and sale of residential apartments; and operation of hotels.

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