Short Interest in Swire Pacific Ltd. (OTCMKTS:SWRAY) Expands By 103.5%

Swire Pacific Ltd. (OTCMKTS:SWRAY) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 10,604 shares, an increase of 103.5% from the May 31st total of 5,211 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 55,533 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

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

Swire Pacific Trading Down 2.2%

Shares of SWRAY stock opened at $10.44 on Wednesday. The company has a current ratio of 0.98, a quick ratio of 0.84 and a debt-to-equity ratio of 0.23. Swire Pacific has a 1 year low of $7.77 and a 1 year high of $12.09. The stock has a fifty day moving average of $10.82 and a two-hundred day moving average of $10.19.

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.