CK Asset Holdings Limited (OTCMKTS:CHKGF) Sees Large Growth in Short Interest

CK Asset Holdings Limited (OTCMKTS:CHKGF) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 3,332,500 shares, an increase of 194.8% from the January 31st total of 1,130,500 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is currently 2,777.1 days.

CK Asset Price Performance

CHKGF remained flat at $4.30 on Friday. The company’s stock had a trading volume of 11,000 shares, compared to its average volume of 2,319. CK Asset has a fifty-two week low of $3.45 and a fifty-two week high of $4.83. The firm’s fifty day moving average price is $4.11 and its 200-day moving average price is $3.98.

CK Asset Company Profile

CK Asset Holdings Limited operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, and Canada. The company is involved in the leasing of office, industrial, retail, residential, and other properties; property investment and development activities; and pub, and hotel and serviced suite operation businesses.