Swire Pacific Ltd. (OTCMKTS:SWRAY) Sees Significant Growth in Short Interest

Swire Pacific Ltd. (OTCMKTS:SWRAY) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 19,413 shares, a growth of 59.9% from the February 12th total of 12,142 shares. Based on an average daily trading volume, of 46,188 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 46,188 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered Swire Pacific from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 4th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Swire Pacific Trading Up 3.7%

Shares of OTCMKTS SWRAY opened at $10.79 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.02 and a quick ratio of 0.89. Swire Pacific has a twelve month low of $7.77 and a twelve month high of $11.90. The firm has a fifty day simple moving average of $9.74 and a 200 day simple moving average of $8.92.

About Swire Pacific

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.