Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Sees Significant Increase in Short Interest

Key Points

• Ck Hutchison Holdings Ltd experienced a significant increase in short interest, rising by 268.9% in September from 18,000 to 66,400 shares.
• The company announced a dividend of $0.0725 per share, which will provide a substantial yield of 338.0% for shareholders of record.
• As of Thursday, the stock opened at $6.54, with a 52-week range between $4.80 and $6.79.

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY - ) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 66,400 shares, an increase of 268.9% from the August 31st total of 18,000 shares. Based on an average daily trading volume, of 214,700 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 214,700 shares, the days-to-cover ratio is currently 0.3 days.

Ck Hutchison Price Performance

Shares of Ck Hutchison stock opened at $6.54 on Thursday. The firm has a 50-day moving average of $6.54 and a 200-day moving average of $6.03. Ck Hutchison has a 52-week low of $4.80 and a 52-week high of $6.79.

Ck Hutchison Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, October 9th. Shareholders of record on Wednesday, September 17th will be paid a dividend of $0.0725 per share. This represents a yield of 338.0%. The ex-dividend date is Tuesday, September 16th.

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.

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