First Pacific Co. (OTCMKTS:FPAFY) Short Interest Up 153.2% in April

First Pacific Co. (OTCMKTS:FPAFYGet Free Report) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 342,355 shares, a growth of 153.2% from the April 15th total of 135,216 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 149,031 shares, the short-interest ratio is currently 2.3 days.

First Pacific Stock Up 0.6%

Shares of FPAFY traded up $0.02 during midday trading on Friday, reaching $3.59. 58,837 shares of the stock were exchanged, compared to its average volume of 73,648. The business’s 50-day moving average price is $3.66 and its 200 day moving average price is $3.91. First Pacific has a twelve month low of $3.32 and a twelve month high of $4.44.

First Pacific Company Profile

(Get Free Report)

First Pacific Company Limited is a Hong Kong-based investment management and holding company with a focus on Asia. Since its establishment in 1981, First Pacific has built a diversified portfolio of investments in consumer food products, infrastructure, natural resources and telecommunications. The firm’s strategy centres on acquiring substantial minority interests in companies with strong regional positions and working collaboratively to drive sustainable growth and shareholder value.

In the consumer products sector, First Pacific’s principal holding is in Indofood, one of Indonesia’s largest vertically integrated food companies, known for branded noodles, flour, cooking oils and dairy products.

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