First Pacific Co. (OTCMKTS:FPAFY) Short Interest Update

First Pacific Co. (OTCMKTS:FPAFY) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 182,645 shares, a decrease of 46.7% from the April 30th total of 342,355 shares. Based on an average daily trading volume, of 129,356 shares, the short-interest ratio is presently 1.4 days. Currently, 0.0% of the shares of the company are sold short.

First Pacific Stock Performance

Shares of OTCMKTS FPAFY traded down $0.03 during midday trading on Monday, reaching $3.35. 1,335 shares of the company were exchanged, compared to its average volume of 60,993. First Pacific has a 1 year low of $3.28 and a 1 year high of $4.44. The stock has a fifty day simple moving average of $3.58 and a 200 day simple moving average of $3.86.

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.