Short Interest in Kerry Properties Limited (OTCMKTS:KRYPF) Declines By 7.3%

Kerry Properties Limited (OTCMKTS:KRYPF) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totalling 57,200 shares, a drop of 7.3% from the September 30th total of 61,700 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is currently 33.6 days.

Kerry Properties Price Performance

Shares of Kerry Properties stock opened at $2.21 on Thursday. Kerry Properties has a 52-week low of $1.60 and a 52-week high of $2.26. The company has a fifty day moving average of $2.19 and a 200-day moving average of $1.99.

About Kerry Properties

Kerry Properties Limited, an investment holding company, engages in the development, investment, management, and trading of properties in Hong Kong, Mainland China, and the Asia Pacific region. The company owns and operates hotels; and provides logistics and international freight forwarding, consultancy, administrative support, project management, financial, IT system and consultancy, estate agency, and construction services.