Swire Properties Limited (OTCMKTS:SWPFF – Get Free Report) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 429,322 shares, a decline of 49.0% from the June 15th total of 842,522 shares. Based on an average trading volume of 2,037 shares, the days-to-cover ratio is currently 210.8 days.
Swire Properties Price Performance
OTCMKTS:SWPFF opened at $2.75 on Thursday. Swire Properties has a 12 month low of $2.48 and a 12 month high of $3.35. The business’s fifty day moving average price is $2.87 and its 200 day moving average price is $3.01.
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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