Power Assets Holdings Ltd. (OTCMKTS:HGKGY – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 10,645 shares, a growth of 76.2% from the September 30th total of 6,041 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,971 shares, the short-interest ratio is presently 3.6 days.
Power Assets Trading Up 2.0%
HGKGY stock traded up $0.15 during trading on Friday, reaching $7.96. The company’s stock had a trading volume of 1,354 shares, compared to its average volume of 7,512. The company’s fifty day moving average is $7.67 and its 200-day moving average is $7.74. Power Assets has a 1 year low of $6.19 and a 1 year high of $8.61.
Power Assets Company Profile
Power Assets Holdings Limited is an investment holding company focused on the energy and utility sectors. The company invests in businesses involved in electricity generation, transmission and distribution, gas distribution, renewable energy and other infrastructure-related activities.
Through its portfolio of investments, Power Assets has exposure to utility and energy infrastructure projects in Hong Kong, the United Kingdom, Australia, New Zealand, Canada and other international markets.
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