Short Interest in Sun Hung Kai & Co. Limited (OTCMKTS:SHGKY) Declines By 50.0%

Sun Hung Kai & Co. Limited (OTCMKTS:SHGKY) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 200 shares, a decline of 50.0% from the September 30th total of 400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 2.0 days.

Sun Hung Kai & Co. Limited Stock Performance

OTCMKTS SHGKY remained flat at $1.64 during trading hours on Friday. 30 shares of the company traded hands, compared to its average volume of 36. The stock has a 50 day simple moving average of $1.54 and a two-hundred day simple moving average of $1.48. Sun Hung Kai & Co. Limited has a 12 month low of $0.93 and a 12 month high of $1.73.

Sun Hung Kai & Co. Limited Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, October 4th. Shareholders of record on Friday, September 6th were given a $0.0617 dividend. The ex-dividend date of this dividend was Friday, September 6th.

About Sun Hung Kai & Co. Limited

Sun Hung Kai & Co Limited, an investment holding company, provides financial services primarily in Hong Kong and the People's Republic of China. The company operates through Consumer Finance, Private Credit, Mortgage Loans, Investment Management, and Group Management and Support segments. It offers unsecured loan to individuals and businesses through branches and online platforms; and first mortgage and second mortgage loans to property owners, as well as customized financing solutions to property investors.