Short Interest in First Pacific Company Limited (OTCMKTS:FPAFY) Grows By 406.5%

First Pacific Company Limited (OTCMKTS:FPAFY) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 15,700 shares, a growth of 406.5% from the February 13th total of 3,100 shares. Based on an average daily volume of 44,200 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

First Pacific Stock Performance

FPAFY stock traded down $0.00 on Friday, hitting $3.10. 20,388 shares of the company’s stock traded hands, compared to its average volume of 23,891. The company has a quick ratio of 1.03, a current ratio of 1.26 and a debt-to-equity ratio of 0.81. First Pacific has a 1-year low of $2.02 and a 1-year high of $3.19. The stock has a fifty day moving average of $2.81 and a 200-day moving average of $2.80.

About First Pacific

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.