Swire Pacific Limited (OTCMKTS:SWRAY) Short Interest Up 67.4% in May

Swire Pacific Limited (OTCMKTS:SWRAY – Get Rating) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 29,800 shares, an increase of 67.4% from the April 30th total of 17,800 shares. Based on an average daily volume of 56,500 shares, the short-interest ratio is currently 0.5 days.

Swire Pacific Trading Up 0.6 %

OTCMKTS SWRAY traded up $0.04 on Friday, reaching $6.79. 51,847 shares of the stock traded hands, compared to its average volume of 34,627. The company has a fifty day moving average price of $7.50 and a 200-day moving average price of $8.03. Swire Pacific has a 12 month low of $5.38 and a 12 month high of $9.40.

Swire Pacific Increases Dividend

The company also recently announced a dividend, which was paid on Monday, May 15th. Shareholders of record on Wednesday, April 12th were given a dividend of $0.2157 per share. The ex-dividend date was Tuesday, April 11th. This is a positive change from Swire Pacific’s previous dividend of $0.13. This represents a yield of 4.51%.

About Swire Pacific

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Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, other luxury residential accommodations, and commercial mixed-use developments; and trading portfolio consists of residential properties.