CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Short Interest Update

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the recipient of a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 273,500 shares, an increase of 59.9% from the July 31st total of 171,000 shares. Based on an average daily trading volume, of 392,400 shares, the days-to-cover ratio is currently 0.7 days.

CK Hutchison Trading Down 0.5 %

OTCMKTS CKHUY traded down $0.03 during trading on Friday, hitting $5.45. 190,734 shares of the company’s stock traded hands, compared to its average volume of 363,862. The business has a 50 day moving average of $5.05 and a 200-day moving average of $5.01. CK Hutchison has a 12-month low of $4.46 and a 12-month high of $5.51. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.25 and a quick ratio of 1.09.

CK Hutchison Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, October 10th. Stockholders of record on Monday, September 16th will be given a $0.0707 dividend. The ex-dividend date of this dividend is Monday, September 16th.

About CK Hutchison

CK Hutchison Holdings Limited, an investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong and internationally. The company operates through four segments: Ports and Related Services, Retail, Infrastructure, and Telecommunications.