CK Asset Holdings Limited (OTCMKTS:CHKGF) Sees Large Drop in Short Interest

CK Asset Holdings Limited (OTCMKTS:CHKGF) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 3,541,000 shares, a decline of 24.2% from the February 28th total of 4,672,700 shares. Based on an average trading volume of 1,700 shares, the days-to-cover ratio is presently 2,082.9 days.

CK Asset Price Performance

CHKGF stock opened at $4.08 on Wednesday. The company’s 50-day moving average is $4.26 and its 200-day moving average is $4.09. CK Asset has a 1 year low of $3.45 and a 1 year high of $4.65.

About CK Asset

CK Asset Holdings Limited operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, and Canada. The company is involved in the leasing of office, industrial, retail, residential, and other properties; property investment and development activities; and pub, and hotel and serviced suite operation businesses.