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

CK Hutchison Holdings Limited (OTCMKTS:CKHUY - Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totalling 149,200 shares, a decrease of 46.1% from the April 30th total of 277,000 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 322,200 shares, the short-interest ratio is currently 0.5 days.

Analysts Set New Price Targets

Separately, UBS Group upgraded CK Hutchison from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 13th.

CK Hutchison Trading Up 1.3%

Shares of CKHUY traded up $0.07 during mid-day trading on Friday, reaching $5.56. The company's stock had a trading volume of 239,657 shares, compared to its average volume of 335,719. The business has a fifty day moving average of $5.53 and a 200 day moving average of $5.37. CK Hutchison has a 1 year low of $4.60 and a 1 year high of $6.57. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.22 and a quick ratio of 1.07.

CK Hutchison Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, May 29th will be issued a $0.1559 dividend. The ex-dividend date is Wednesday, May 28th. This represents a dividend yield of 3.96%. This is a positive change from CK Hutchison's previous dividend of $0.07.

About CK Hutchison

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.