Swire Properties Limited (OTCMKTS:SWPFF) Short Interest Up 687.9% in March

Swire Properties Limited (OTCMKTS:SWPFF) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totaling 445,092 shares, an increase of 687.9% from the March 15th total of 56,492 shares. Based on an average daily volume of 496 shares, the short-interest ratio is currently 897.4 days.

Swire Properties Stock Performance

OTCMKTS SWPFF opened at $3.17 on Friday. The firm’s 50 day moving average price is $3.20 and its 200-day moving average price is $2.94. Swire Properties has a 52-week low of $2.00 and a 52-week high of $3.35.

Swire Properties Company Profile

Swire Properties is a Hong Kong–based property developer and investor, operating as a subsidiary of Swire Pacific. The company focuses on the development, investment and management of mixed-use property portfolios, encompassing office towers, shopping malls, residential complexes and hotels. With a strategic emphasis on creating vibrant urban centres, Swire Properties combines long-term investment horizons with design-led development to deliver high-quality spaces for businesses, retailers and residents.

In its home market, Swire Properties owns and manages landmark projects such as Pacific Place, Taikoo Place and Citygate.