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

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

CK Hutchison Stock Performance

Shares of CK Hutchison stock 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. CK Hutchison has a one year low of $4.46 and a one year high of $6.24. The business has a fifty day simple moving average of $4.93 and a 200 day simple moving average of $5.03. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.25 and a quick ratio of 1.09.

CK Hutchison Increases Dividend

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

About CK Hutchison

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.