Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Sees Large Increase in Short Interest

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 213,200 shares, a growth of 332.5% from the September 30th total of 49,300 shares. Based on an average daily volume of 251,500 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 251,500 shares, the days-to-cover ratio is presently 0.8 days.

Ck Hutchison Stock Performance

CKHUY stock opened at $6.64 on Tuesday. Ck Hutchison has a 1-year low of $4.80 and a 1-year high of $6.79. The business has a 50 day simple moving average of $6.55 and a two-hundred day simple moving average of $6.16.

Ck Hutchison Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 9th. Shareholders of record on Wednesday, September 17th were paid a $0.0725 dividend. This represents a yield of 338.0%. The ex-dividend date was Tuesday, September 16th.

Ck Hutchison Company Profile

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.