Swire Properties Limited (OTCMKTS:SWPFF – Get Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 489,590 shares, a decline of 28.8% from the December 15th total of 687,190 shares. Based on an average daily volume of 343 shares, the days-to-cover ratio is currently 1,427.4 days. Based on an average daily volume of 343 shares, the days-to-cover ratio is currently 1,427.4 days.
Swire Properties Stock Up 1.0%
Swire Properties stock opened at $2.95 on Friday. Swire Properties has a one year low of $1.87 and a one year high of $2.96. The business’s fifty day moving average is $2.78 and its 200 day moving average is $2.71.
About Swire Properties
Swire Properties is a Hong Kong–based property developer and investor, operating as a subsidiary of Swire Pacific. The company focuses on the development, investment and management of mixed-use property portfolios, encompassing office towers, shopping malls, residential complexes and hotels. With a strategic emphasis on creating vibrant urban centres, Swire Properties combines long-term investment horizons with design-led development to deliver high-quality spaces for businesses, retailers and residents.
In its home market, Swire Properties owns and manages landmark projects such as Pacific Place, Taikoo Place and Citygate.
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