Short Interest in CK Asset Holdings Limited (OTCMKTS:CHKGF) Expands By 490.0%

CK Asset Holdings Limited (OTCMKTS:CHKGF) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,130,500 shares, an increase of 490.0% from the January 15th total of 191,600 shares. Based on an average trading volume of 2,100 shares, the days-to-cover ratio is currently 538.3 days.

CK Asset Stock Performance

Shares of CK Asset stock remained flat at $4.65 on Wednesday. 5,735 shares of the stock traded hands, compared to its average volume of 3,543. The company’s 50-day simple moving average is $4.11 and its 200-day simple moving average is $3.93. CK Asset has a 12-month low of $3.45 and a 12-month high of $4.83.

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.