Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY) Short Interest Update

Key Points

• Sun Hung Kai Properties Ltd. experienced a dramatic 70.1% drop in short interest in August, falling from 71,200 shares to 21,300 shares.
• The company's stock opened at $11.98, with a 52-week low of $8.19 and a high of $12.49, indicating some volatility in its price performance.
• Sun Hung Kai Properties is involved in property development and investment across various sectors, including residential, commercial, and hospitality in Hong Kong and internationally.

Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY - Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 15th, there was short interest totaling 21,300 shares, adropof70.1% from the July 31st total of 71,200 shares. Based on an average daily volume of 97,400 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 97,400 shares, the short-interest ratio is presently 0.2 days.

Sun Hung Kai Properties Stock Down 1.3%

Shares of Sun Hung Kai Properties stock traded down $0.16 during trading on Friday, hitting $11.84. The company's stock had a trading volume of 32,496 shares, compared to its average volume of 46,537. The company has a fifty day simple moving average of $11.85 and a two-hundred day simple moving average of $10.61. Sun Hung Kai Properties has a 52 week low of $8.19 and a 52 week high of $12.49.

Sun Hung Kai Properties Company Profile

Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder's comprehensive, fire, employees' compensation, travel, personal accident, motor vehicles, contractors' all risks, third party liability, and property all risks.