Short Interest in First Pacific Company Limited (OTCMKTS:FPAFY) Declines By 97.0%

First Pacific Company Limited (OTCMKTS:FPAFY) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 400 shares, a drop of 97.0% from the November 30th total of 13,400 shares. Based on an average daily trading volume, of 58,100 shares, the days-to-cover ratio is currently 0.0 days.

First Pacific Stock Performance

First Pacific stock traded up $0.13 during trading on Friday, reaching $2.94. 6,532 shares of the company were exchanged, compared to its average volume of 28,637. The stock’s 50 day simple moving average is $2.88 and its two-hundred day simple moving average is $2.60. First Pacific has a 52-week low of $1.84 and a 52-week high of $3.19.

First Pacific Company Profile

First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and cellular networks.