Swire Properties Limited (OTCMKTS:SWPFF) Sees Significant Growth in Short Interest

Swire Properties Limited (OTCMKTS:SWPFF) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 45,000 shares, a growth of 26.4% from the February 28th total of 35,600 shares. Based on an average daily volume of 900 shares, the short-interest ratio is currently 50.0 days.

Swire Properties Price Performance

SWPFF opened at $2.21 on Thursday. Swire Properties has a twelve month low of $1.59 and a twelve month high of $2.21. The company has a 50-day simple moving average of $1.97 and a 200 day simple moving average of $2.00.

About Swire Properties

Swire Properties Limited, together with its subsidiaries, develops, owns, and operates mixed-use, primarily commercial properties in Hong Kong, Mainland China, the United States, and internationally. It operates through three divisions: Property Investment, Property Trading, and Hotels. The company engages in the development, leasing, and management of commercial, retail, and residential properties; development, construction, and sale of residential apartments; and operation of hotels.