Short Interest in CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Rises By 103.7%

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 340,200 shares, an increase of 103.7% from the August 31st total of 167,000 shares. Based on an average daily volume of 302,300 shares, the short-interest ratio is presently 1.1 days.

CK Hutchison Stock Up 0.2 %

Shares of CKHUY stock traded up $0.01 during mid-day trading on Friday, hitting $5.78. 143,933 shares of the stock traded hands, compared to its average volume of 343,025. CK Hutchison has a twelve month low of $4.46 and a twelve month high of $5.89. The company has a quick ratio of 1.07, a current ratio of 1.22 and a debt-to-equity ratio of 0.32. The company’s 50-day simple moving average is $5.31 and its 200-day simple moving average is $5.05.

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 issued a dividend of $0.0707 per share. The ex-dividend date 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.