Swire Pacific Limited (OTCMKTS:SWRAY - Get Free Report) was the target of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 99.8% from the October 15th total of 40,900 shares. Based on an average daily volume of 57,100 shares, the days-to-cover ratio is presently 0.0 days.
Swire Pacific Stock Performance
Swire Pacific stock traded up $0.17 on Tuesday, reaching $8.50. The company's stock had a trading volume of 32,545 shares, compared to its average volume of 25,608. The business's fifty day moving average price is $8.28 and its 200 day moving average price is $8.59. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.94 and a quick ratio of 0.81. Swire Pacific has a twelve month low of $6.25 and a twelve month high of $9.46.
Swire Pacific Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, October 21st. Shareholders of record on Thursday, September 12th were issued a dividend of $0.1412 per share. The ex-dividend date of this dividend was Thursday, September 12th.
About Swire Pacific
(
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Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, and other luxury residential accommodations; and trading portfolio consists of residential properties.
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