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

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 23,500 shares, anincreaseof487.5% 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 currently 0.1 days. Based on an average daily trading volume, of 330,600 shares, the short-interest ratio is currently 0.1 days.

Ck Hutchison Price Performance

CKHUY opened at $6.50 on Friday. Ck Hutchison has a 12 month low of $4.80 and a 12 month high of $6.75. 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 business has a 50 day simple moving average of $6.25 and a 200-day simple moving average of $5.76.

Ck Hutchison Increases Dividend

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

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.