Sun Hung Kai & Co. Limited (OTCMKTS:SHGKY) Short Interest Update

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

Sun Hung Kai & Co. Limited Stock Performance

Shares of OTCMKTS SHGKY remained flat at $1.64 during midday trading on Friday. 30 shares of the company’s stock were exchanged, compared to its average volume of 36. Sun Hung Kai & Co. Limited has a 12-month low of $0.93 and a 12-month high of $1.73. The company’s 50 day moving average price is $1.54 and its 200-day moving average price is $1.48.

Sun Hung Kai & Co. Limited Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, October 4th. Stockholders of record on Friday, September 6th were given a dividend of $0.0617 per share. The ex-dividend date of this dividend was Friday, September 6th.

Sun Hung Kai & Co. Limited Company Profile

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.