CK Hutchison Holdings Limited (OTCMKTS:CKHUY - Get Free Report) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 218,200 shares, an increase of 46.2% from the May 15th total of 149,200 shares. Based on an average daily trading volume, of 308,800 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are short sold.
Analyst Ratings Changes
Separately, UBS Group raised shares of CK Hutchison from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 13th.
Read Our Latest Stock Report on CK Hutchison
CK Hutchison Stock Up 2.0%
CKHUY traded up $0.12 during trading on Monday, reaching $5.98. 170,267 shares of the company were exchanged, compared to its average volume of 319,952. CK Hutchison has a 12-month low of $4.60 and a 12-month high of $6.57. The company's 50-day moving average is $5.59 and its two-hundred day moving average is $5.42. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.07 and a current ratio of 1.22.
CK Hutchison Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, May 29th will be issued a $0.1559 dividend. This represents a dividend yield of 3.96%. This is an increase from CK Hutchison's previous dividend of $0.07. The ex-dividend date of this dividend is Wednesday, May 28th.
About CK Hutchison
(
Get Free Report)
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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