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

Swire Pacific Ltd. (OTCMKTS:SWRAY) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 22,662 shares, a decrease of 54.2% from the July 30th total of 49,505 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 37,812 shares, the days-to-cover ratio is currently 0.6 days.

Swire Pacific Stock Performance

Shares of OTCMKTS SWRAY traded up $0.16 during mid-day trading on Monday, reaching $13.59. 18,451 shares of the company’s stock were exchanged, compared to its average volume of 26,668. Swire Pacific has a 52 week low of $7.77 and a 52 week high of $13.76. The company has a current ratio of 0.98, a quick ratio of 0.84 and a debt-to-equity ratio of 0.23. The firm has a 50-day moving average price of $11.96 and a two-hundred day moving average price of $11.22.

Institutional Trading of Swire Pacific

An institutional investor recently bought a new stake in Swire Pacific stock. Great Lakes Advisors LLC bought a new stake in Swire Pacific Ltd. (OTCMKTS:SWRAY) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,753 shares of the conglomerate’s stock, valued at approximately $490,000.

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.