CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Short Interest Update

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 136,200 shares, a growth of 18.1% from the February 13th total of 115,300 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 430,400 shares, the days-to-cover ratio is currently 0.3 days.

CK Hutchison Trading Down 6.0 %

Shares of CKHUY traded down $0.36 during midday trading on Wednesday, reaching $5.67. 372,273 shares of the stock were exchanged, compared to its average volume of 362,964. The stock’s 50 day simple moving average is $5.27 and its 200 day simple moving average is $5.33. CK Hutchison has a twelve month low of $4.46 and a twelve month high of $6.57. The company has a quick ratio of 1.07, a current ratio of 1.22 and a debt-to-equity ratio of 0.32.

Analysts Set New Price Targets

Separately, UBS Group raised shares of CK Hutchison from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 13th.

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.