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Short interest on CK Hutchison Holdings Limited (OTCMKTS:CKHUY) rises 59.9%

CK Hutchison Holdings Limited (OTCMKTS:CKHUY – Get Free Report ) received a significant increase in short interest in August. As of August 15th, there was short interest totaling 273,500 shares, an increase of 59.9% from the July 31st total of 171,000 shares. Based on an average daily volume of 392,400 shares, the short interest rate is currently 0.7 days.

CK Hutchison trades down 0.1%

OTCMKTS CKHUY traded down $0.01 on Thursday, hitting $5.44. 67,864 shares of the stock exchanged hands, compared to its average volume of 366,633. The company has a current ratio of 1.25, a quick ratio of 1.09, and a debt-to-equity ratio of 0.32. CK Hutchison has a 52-week low of $4.46 and a 52-week high of $5.51. The company’s 50-day moving average price is $5.02, and its two-hundred-day moving average price is $5.01.

CK Hutchison cuts dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, October 10th. Stockholders of record on Monday, September 16th will be given a $0.0707 dividend. The ex-dividend date of this dividend is Monday, September 16.

CK Hutchison Company Profile

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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.

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