Swire Pacific Ltd. (OTCMKTS:SWRAY) Short Interest Down 92.2% in May

Swire Pacific Ltd. (OTCMKTS:SWRAY) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 5,211 shares, a drop of 92.2% from the May 14th total of 66,913 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 27,630 shares, the short-interest ratio is presently 0.2 days.

Swire Pacific Stock Down 3.5%

Shares of Swire Pacific stock opened at $10.36 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.84 and a current ratio of 0.98. Swire Pacific has a 1 year low of $7.77 and a 1 year high of $12.09. The business has a 50 day moving average price of $10.98 and a 200 day moving average price of $10.00.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of Swire Pacific from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 4th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Swire Pacific Company Profile

Swire Pacific Limited is a Hong Kong–based diversified conglomerate and the publicly listed Asian arm of the long-established Swire Group. The company operates across multiple business segments, with major activities in property development and investment, aviation-related interests, beverages and cold‑chain distribution, marine and trading & industrial services. Its property arm is responsible for large-scale commercial and mixed‑use developments and investment portfolios in Hong Kong, Mainland China and selected international markets.

In aviation, Swire Pacific is a long‑standing shareholder in one of the region’s principal carriers and supports aviation‑related operations and services.