Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Sees Large Drop in Short Interest

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 135,200 shares, a decrease of 69.1% from the August 31st total of 438,200 shares. Based on an average daily trading volume, of 323,600 shares, the days-to-cover ratio is currently 0.4 days.

Sun Hung Kai Properties Price Performance

Shares of SUHJY stock traded up $0.30 on Friday, reaching $11.07. 49,389 shares of the company’s stock were exchanged, compared to its average volume of 139,225. The company’s fifty day simple moving average is $9.54 and its 200 day simple moving average is $9.44. Sun Hung Kai Properties has a 52 week low of $8.35 and a 52 week high of $11.14.

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.