Swire Pacific Ltd. (OTCMKTS:SWRAY) Sees Large Decline in Short Interest

Swire Pacific Ltd. (OTCMKTS:SWRAY) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 12,283 shares, a decrease of 47.0% from the November 30th total of 23,181 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 65,601 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 65,601 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Swire Pacific Price Performance

SWRAY stock opened at $8.28 on Monday. Swire Pacific has a 12-month low of $7.77 and a 12-month high of $9.63. The business’s 50-day moving average is $8.47 and its 200 day moving average is $8.63. The company has a current ratio of 1.02, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Swire Pacific from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Swire Pacific currently has an average rating of “Hold”.

Swire Pacific Company Profile

Swire Pacific Limited is a Hong Kong–based diversified conglomerate and the publicly listed Asian arm of the long-established Swire Group. The company operates across multiple business segments, with major activities in property development and investment, aviation-related interests, beverages and cold‑chain distribution, marine and trading & industrial services. Its property arm is responsible for large-scale commercial and mixed‑use developments and investment portfolios in Hong Kong, Mainland China and selected international markets.

In aviation, Swire Pacific is a long‑standing shareholder in one of the region’s principal carriers and supports aviation‑related operations and services.