Short Interest in Swire Pacific Ltd. (OTCMKTS:SWRAY) Declines By 58.3%

Swire Pacific Ltd. (OTCMKTS:SWRAY) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 12,142 shares, a decrease of 58.3% from the January 29th total of 29,134 shares. Based on an average daily trading volume, of 51,736 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 51,736 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Swire Pacific from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Strong Buy”.

Swire Pacific Price Performance

OTCMKTS SWRAY opened at $10.49 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. The business has a fifty day simple moving average of $9.29 and a 200 day simple moving average of $8.80. Swire Pacific has a 12 month low of $7.77 and a 12 month high of $10.66.

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.