Swire Properties Limited (OTCMKTS:SWPFF) Short Interest Down 74.7% in November

Swire Properties Limited (OTCMKTS:SWPFF) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 30,700 shares, a drop of 74.7% from the October 31st total of 121,300 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 102.3 days.

Swire Properties Price Performance

Shares of OTCMKTS:SWPFF remained flat at $2.05 during midday trading on Friday. Swire Properties has a fifty-two week low of $1.59 and a fifty-two week high of $2.18. The stock’s 50-day simple moving average is $2.03 and its two-hundred day simple moving average is $1.84.

About Swire Properties

Swire Properties Limited, together with its subsidiaries, develops, owns, and operates mixed-use, primarily commercial properties in Hong Kong, Mainland China, the United States, and internationally. It operates through three divisions: Property Investment, Property Trading, and Hotels. The company engages in the development, leasing, and management of commercial, retail, and residential properties; development, construction, and sale of residential apartments; and operation of hotels.