CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Sees Significant Decline in Short Interest

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 21,300 shares, a decline of 74.9% from the May 31st total of 85,000 shares. Based on an average daily trading volume, of 333,300 shares, the short-interest ratio is currently 0.1 days.

CK Hutchison Stock Performance

OTCMKTS:CKHUY traded up $0.08 during trading hours on Friday, reaching $4.74. The company had a trading volume of 319,308 shares, compared to its average volume of 267,718. The stock has a 50-day moving average of $4.93 and a two-hundred day moving average of $5.03. CK Hutchison has a one year low of $4.46 and a one year high of $6.24. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.09 and a current ratio of 1.25.

CK Hutchison Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, May 29th were paid a $0.1817 dividend. The ex-dividend date was Wednesday, May 29th. This is a positive change from CK Hutchison’s previous dividend of $0.08.

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.