Swire Properties Limited (OTCMKTS:SWPFF) Short Interest Up 26.4% in March

Swire Properties Limited (OTCMKTS:SWPFF) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 45,000 shares, an increase of 26.4% from the February 28th total of 35,600 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 50.0 days.

Swire Properties Price Performance

Shares of OTCMKTS:SWPFF opened at $2.21 on Wednesday. The company’s fifty day moving average is $1.97 and its two-hundred day moving average is $2.00. Swire Properties has a 1-year low of $1.59 and a 1-year high of $2.21.

Swire Properties Company Profile

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.