Swire Properties Limited (OTCMKTS:SWPFF) Short Interest Down 31.1% in January

Swire Properties Limited (OTCMKTS:SWPFF) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 337,399 shares, a drop of 31.1% from the December 31st total of 489,590 shares. Based on an average daily volume of 2,233 shares, the days-to-cover ratio is presently 151.1 days. Based on an average daily volume of 2,233 shares, the days-to-cover ratio is presently 151.1 days.

Swire Properties Stock Up 6.5%

SWPFF opened at $3.10 on Friday. The business’s 50 day moving average is $2.79 and its 200-day moving average is $2.75. Swire Properties has a twelve month low of $1.87 and a twelve month high of $3.10.

About Swire Properties

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.