Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Sees Large Decline in Short Interest

Key Points

• Ck Hutchison Holdings Ltd experienced a significant decline in short interest, dropping 61.1% from 46,300 shares to 18,000 shares as of August 31st.
• The stock price fell by 0.1% to $6.68 during mid-day trading, with a twelve-month low of $4.80 and a high of $6.79.
• Ck Hutchison operates in several sectors including ports and related services, retail, infrastructure, and telecommunications, both in Hong Kong and internationally.

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY - Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 18,000 shares, a decline of 61.1% from the August 15th total of 46,300 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 171,200 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 171,200 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.

Ck Hutchison Trading Down 1.4%

Shares of OTCMKTS:CKHUY traded down $0.09 during trading on Thursday, hitting $6.56. The company's stock had a trading volume of 77,573 shares, compared to its average volume of 248,213. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.28 and a current ratio of 1.47. The business has a 50 day moving average price of $6.48 and a two-hundred day moving average price of $6.00. Ck Hutchison has a fifty-two week low of $4.80 and a fifty-two week high of $6.79.

Ck Hutchison Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, October 9th. Stockholders of record on Wednesday, September 17th will be given a $0.0725 dividend. The ex-dividend date is Tuesday, September 16th. This represents a dividend yield of 338.0%.

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.