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

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 500 shares, a drop of 83.3% from the January 31st total of 3,000 shares. Based on an average daily volume of 336,000 shares, the days-to-cover ratio is currently 0.0 days.

Sun Hung Kai Properties Stock Performance

SUHJY opened at $9.35 on Friday. The stock’s fifty day moving average is $9.16 and its two-hundred day moving average is $9.89. Sun Hung Kai Properties has a 52 week low of $8.35 and a 52 week high of $12.00.

Sun Hung Kai Properties Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.1222 per share. The ex-dividend date of this dividend is Thursday, March 13th.

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, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder’s comprehensive, fire, employees’ compensation, travel, personal accident, motor vehicles, contractors’ all risks, third party liability, and property all risks.