Short Interest in First Pacific Company Limited (OTCMKTS:FPAFY) Declines By 84.7%

First Pacific Company Limited (OTCMKTS:FPAFY) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 2,400 shares, a drop of 84.7% from the February 28th total of 15,700 shares. Based on an average trading volume of 44,300 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

First Pacific Trading Up 0.6 %

FPAFY traded up $0.02 during midday trading on Wednesday, reaching $3.20. 17,978 shares of the company were exchanged, compared to its average volume of 27,033. First Pacific has a one year low of $2.02 and a one year high of $3.42. The company’s fifty day moving average price is $2.90 and its 200 day moving average price is $2.84. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.03 and a current ratio of 1.26.

First Pacific Company Profile

First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and cellular networks.