Short Interest in Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Grows By 338.5%

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 57,000 shares, a growth of 338.5% from the February 28th total of 13,000 shares. Based on an average trading volume of 137,200 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Sun Hung Kai Properties Stock Down 0.2 %

SUHJY stock traded down $0.02 on Friday, hitting $9.61. The company’s stock had a trading volume of 94,630 shares, compared to its average volume of 133,557. Sun Hung Kai Properties has a 1 year low of $8.35 and a 1 year high of $12.00. The firm has a 50 day moving average of $9.32 and a two-hundred day moving average of $9.92.

Sun Hung Kai Properties Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a dividend of $0.1222 per share. The ex-dividend date of this dividend was Thursday, March 13th.

About Sun Hung Kai Properties

Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder’s comprehensive, fire, employees’ compensation, travel, personal accident, motor vehicles, contractors’ all risks, third party liability, and property all risks.