Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Short Interest Up 46.8% in December

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 11,600 shares, an increase of 46.8% from the November 30th total of 7,900 shares. Based on an average trading volume of 197,700 shares, the short-interest ratio is presently 0.1 days.

Sun Hung Kai Properties Price Performance

Sun Hung Kai Properties stock traded down $0.07 during trading on Monday, reaching $9.57. The company had a trading volume of 135,058 shares, compared to its average volume of 176,793. The firm’s 50-day simple moving average is $10.15 and its 200 day simple moving average is $9.82. Sun Hung Kai Properties has a 52 week low of $8.35 and a 52 week high of $12.00.

Sun Hung Kai Properties Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Stockholders of record on Wednesday, November 13th were given a dividend of $0.3391 per share. This is a boost from Sun Hung Kai Properties’s previous dividend of $0.10. This represents a dividend yield of 3.99%. The ex-dividend date of this dividend was Tuesday, November 12th.

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.