Short Interest in First Pacific Company Limited (OTCMKTS:FPAFY) Rises By 78.7%

First Pacific Company Limited (OTCMKTS:FPAFY) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 13,400 shares, an increase of 78.7% from the November 15th total of 7,500 shares. Based on an average daily volume of 34,900 shares, the days-to-cover ratio is currently 0.4 days.

First Pacific Stock Up 0.7 %

Shares of FPAFY stock traded up $0.02 during mid-day trading on Friday, hitting $3.05. 10,512 shares of the stock traded hands, compared to its average volume of 28,434. The company’s 50-day simple moving average is $2.83 and its 200-day simple moving average is $2.56. First Pacific has a twelve month low of $1.83 and a twelve month high of $3.19.

About First Pacific

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.