Short Interest in Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Declines By 73.1%

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 25,200 shares, a drop of 73.1% from the May 31st total of 93,600 shares. Based on an average daily volume of 253,300 shares, the days-to-cover ratio is currently 0.1 days.

Sun Hung Kai Properties Stock Performance

Shares of SUHJY traded down $0.23 during trading hours on Thursday, hitting $8.57. The stock had a trading volume of 214,374 shares, compared to its average volume of 215,238. The firm has a 50-day moving average price of $9.47 and a 200 day moving average price of $9.69. Sun Hung Kai Properties has a fifty-two week low of $8.57 and a fifty-two week high of $12.84.

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 and sells properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company's land bank comprises 67.5 million square feet of gross floor area in Hong Kong.