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

Swire Properties Limited (OTCMKTS:SWPFF) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 1,441,321 shares, a growth of 264.3% from the January 29th total of 395,692 shares. Based on an average daily volume of 4,825 shares, the short-interest ratio is currently 298.7 days. Based on an average daily volume of 4,825 shares, the short-interest ratio is currently 298.7 days.

Swire Properties Stock Performance

Shares of Swire Properties stock opened at $3.31 on Friday. The firm’s 50 day simple moving average is $2.98 and its two-hundred day simple moving average is $2.84. Swire Properties has a 12-month low of $2.00 and a 12-month high of $3.35.

Swire Properties Company Profile

Swire Properties is a Hong Kong–based property developer and investor, operating as a subsidiary of Swire Pacific. The company focuses on the development, investment and management of mixed-use property portfolios, encompassing office towers, shopping malls, residential complexes and hotels. With a strategic emphasis on creating vibrant urban centres, Swire Properties combines long-term investment horizons with design-led development to deliver high-quality spaces for businesses, retailers and residents.

In its home market, Swire Properties owns and manages landmark projects such as Pacific Place, Taikoo Place and Citygate.