Short Interest in Swire Properties Limited (OTCMKTS:SWPFF) Grows By 34.7%

Swire Properties Limited (OTCMKTS:SWPFF) saw a significant growth in short interest in July. As of July 15th, there was short interest totalling 607,000 shares, a growth of 34.7% from the June 30th total of 450,700 shares. Based on an average trading volume of 13,000 shares, the short-interest ratio is presently 46.7 days.

Swire Properties Stock Performance

SWPFF remained flat at $1.65 during trading on Friday. The business has a 50 day moving average of $1.70 and a 200-day moving average of $1.87. Swire Properties has a fifty-two week low of $1.59 and a fifty-two week high of $2.37.

About Swire Properties

Swire Properties Limited, together with its subsidiaries, develops, owns, and operates mixed-use, primarily commercial properties in Hong Kong, Mainland China, the United States, and internationally. It operates through three divisions: Property Investment, Property Trading, and Hotels. The company engages in the development, leasing, and management of commercial, retail, and residential properties; development, construction, and sale of residential apartments; and operation of hotels.