Swire Properties Limited (OTCMKTS:SWPFF) Sees Large Increase in Short Interest

Swire Properties Limited (OTCMKTS:SWPFFGet Free Report) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 857,000 shares, an increase of 91.8% from the March 31st total of 446,900 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 4,285.0 days.

Swire Properties Price Performance

Swire Properties stock opened at $2.10 on Thursday. Swire Properties has a fifty-two week low of $1.59 and a fifty-two week high of $2.21. The stock’s fifty day moving average is $2.03 and its two-hundred day moving average is $2.05.

About Swire Properties

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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.

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