Short Interest in Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY) Drops By 27.4%

Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 48,800 shares, a decline of 27.4% from the May 15th total of 67,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 79,700 shares, the days-to-cover ratio is presently 0.6 days.

Sun Hung Kai Properties Price Performance

Shares of OTCMKTS SUHJY opened at $10.92 on Thursday. The firm has a fifty day moving average of $10.10 and a 200 day moving average of $9.62. Sun Hung Kai Properties has a one year low of $8.19 and a one year high of $12.00.

About Sun Hung Kai Properties

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.