Short Interest in Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Increases By 487.5%

Key Points

• Ck Hutchison Holdings Ltd experienced a significant increase in short interest of 487.5% in July, with total short interest rising to 23,500 shares from 4,000 shares.
• The company has recently raised its dividend to $0.1559, up from its previous $0.07, representing a remarkable yield of 396.0%.
• Ck Hutchison's stock was trading at $6.55, with a current and quick ratio of 1.47 and 1.28 respectively, indicating good liquidity.

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY - Get Free Report) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 23,500 shares, agrowthof487.5% from the July 15th total of 4,000 shares. Based on an average daily trading volume, of 330,600 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 330,600 shares, the short-interest ratio is presently 0.1 days.

Ck Hutchison Trading Up 0.8%

Shares of OTCMKTS CKHUY traded up $0.05 during midday trading on Tuesday, reaching $6.53. The company's stock had a trading volume of 4,894 shares, compared to its average volume of 267,904. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.47 and a quick ratio of 1.28. The firm has a 50 day moving average price of $6.26 and a 200-day moving average price of $5.77. Ck Hutchison has a 12-month low of $4.80 and a 12-month high of $6.75.

Ck Hutchison Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 27th. Shareholders of record on Thursday, May 29th were issued a dividend of $0.1559 per share. This represents a yield of 396.0%. This is a positive change from Ck Hutchison's previous dividend of $0.07. The ex-dividend date of this dividend was Wednesday, May 28th.

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.