First Pacific Co. (OTCMKTS:FPAFY) Short Interest Up 56.1% in January

First Pacific Co. (OTCMKTS:FPAFY) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 124,572 shares, a growth of 56.1% from the December 31st total of 79,789 shares. Based on an average daily trading volume, of 69,405 shares, the short-interest ratio is presently 1.8 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 69,405 shares, the short-interest ratio is presently 1.8 days.

First Pacific Stock Performance

FPAFY opened at $4.06 on Friday. The company has a fifty day moving average price of $3.96 and a two-hundred day moving average price of $4.08. The company has a quick ratio of 1.01, a current ratio of 1.27 and a debt-to-equity ratio of 0.81. First Pacific has a 52 week low of $2.63 and a 52 week high of $4.44.

First Pacific Company Profile

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.