First Pacific Co. (OTCMKTS:FPAFY) Sees Large Growth in Short Interest

First Pacific Co. (OTCMKTS:FPAFY) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 124,671 shares, a growth of 1,904.0% from the October 15th total of 6,221 shares. Based on an average daily volume of 149,091 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the company’s stock are sold short.

First Pacific Stock Up 0.3%

FPAFY stock traded up $0.01 during midday trading on Thursday, hitting $3.21. The stock had a trading volume of 1,454 shares, compared to its average volume of 62,131. The business has a 50-day moving average of $3.10 and a two-hundred day moving average of $3.46. First Pacific has a 52-week low of $2.91 and a 52-week high of $4.39. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.55 and a quick ratio of 1.27.

About First Pacific

First Pacific Company Limited is a Hong Kong-based investment and management company focused on businesses in Southeast Asia. Through its portfolio companies, it has interests in consumer food products and agribusiness, telecommunications, and infrastructure. Its major businesses include Indofood, an Indonesian food producer with operations spanning packaged foods and agribusiness; PLDT, a Philippine telecommunications provider; and Metro Pacific Investments, which operates in areas such as infrastructure and healthcare in the Philippines.