CK Asset Holdings Limited (OTCMKTS:CHKGF) Short Interest Down 62.5% in May

CK Asset Holdings Limited (OTCMKTS:CHKGF) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 79,597 shares, a decline of 62.5% from the April 30th total of 212,210 shares. Based on an average daily trading volume, of 153 shares, the days-to-cover ratio is currently 520.2 days.

CK Asset Stock Performance

Shares of CK Asset stock opened at $6.00 on Friday. CK Asset has a 52-week low of $3.74 and a 52-week high of $6.81. The stock has a 50-day simple moving average of $6.05 and a 200-day simple moving average of $5.52.

About CK Asset

CK Asset Holdings Limited (OTCMKTS:CHKGF) is a Hong Kong–based property developer and investor engaged in a diversified range of real estate activities. The company’s core operations include the development and sale of residential, office, retail and car?parking properties in Hong Kong and mainland China. Building on its strong local presence, CK Asset also extends its property investment portfolio to strategic markets in the United Kingdom, Australia and Singapore.

In addition to its development business, CK Asset operates a property investment and hotel management segment that owns and manages commercial, retail and hospitality assets.