First Pacific Company Limited (OTCMKTS:FPAFY) Short Interest Up 15.1% in March

First Pacific Company Limited (OTCMKTS:FPAFY) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 45,000 shares, an increase of 15.1% from the March 15th total of 39,100 shares. Based on an average daily trading volume, of 59,400 shares, the days-to-cover ratio is presently 0.8 days.

First Pacific Stock Down 3.8 %

FPAFY traded down $0.09 during mid-day trading on Tuesday, reaching $2.27. The stock had a trading volume of 23,811 shares, compared to its average volume of 37,120. First Pacific has a 52 week low of $1.54 and a 52 week high of $2.50. The firm’s fifty day simple moving average is $2.21 and its two-hundred day simple moving average is $2.02.

About First Pacific

First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and mobile networks.