Swire Pacific Limited (OTCMKTS:SWRAY – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 17,100 shares, a decline of 80.0% from the August 15th total of 85,300 shares. Based on an average trading volume of 42,100 shares, the short-interest ratio is presently 0.4 days.
Swire Pacific Trading Up 2.6 %
OTCMKTS:SWRAY traded up $0.20 during midday trading on Friday, reaching $7.92. 85,217 shares of the company traded hands, compared to its average volume of 25,511. Swire Pacific has a twelve month low of $6.20 and a twelve month high of $9.46. The company has a fifty day moving average price of $8.61 and a 200 day moving average price of $8.52.
Swire Pacific Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, October 21st. Stockholders of record on Thursday, September 12th will be paid a dividend of $0.1412 per share. The ex-dividend date is Thursday, September 12th.
Swire Pacific Company Profile
Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, and other luxury residential accommodations; and trading portfolio consists of residential properties.
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