Swire Properties Limited (OTCMKTS:SWPFF – Get Free Report) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 429,322 shares, a decrease of 49.0% from the June 15th total of 842,522 shares. Based on an average daily volume of 2,037 shares, the days-to-cover ratio is currently 210.8 days.
Swire Properties Price Performance
Shares of OTCMKTS SWPFF opened at $2.60 on Wednesday. Swire Properties has a 1 year low of $2.48 and a 1 year high of $3.35. The firm has a fifty day moving average price of $2.88 and a 200-day moving average price of $3.01.
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.
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