First Pacific Company Limited (OTCMKTS:FPAFY) Sees Significant Decline in Short Interest

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

First Pacific Stock Performance

FPAFY stock traded up $0.03 during mid-day trading on Friday, reaching $3.32. The company had a trading volume of 36,485 shares, compared to its average volume of 27,812. 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 52 week low of $2.02 and a 52 week high of $3.42. The stock has a 50 day simple moving average of $2.92 and a two-hundred day simple moving average of $2.85.

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.