First Pacific Company Limited (OTCMKTS:FPAFY) Short Interest Update

First Pacific Company Limited (OTCMKTS:FPAFY - Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 300 shares, a drop of 99.6% from the September 30th total of 77,300 shares. Based on an average daily volume of 69,000 shares, the short-interest ratio is presently 0.0 days.

First Pacific Price Performance

Shares of FPAFY traded up $0.01 during midday trading on Friday, reaching $2.91. 22,477 shares of the stock were exchanged, compared to its average volume of 29,921. First Pacific has a 52 week low of $1.70 and a 52 week high of $3.04. The company's 50 day moving average is $2.67 and its two-hundred day moving average is $2.43.

First Pacific Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, October 7th. Stockholders of record on Friday, September 6th were given a dividend of $0.0654 per share. The ex-dividend date of this dividend was Friday, September 6th.

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.