Sinotruk (Hong Kong) Limited (OTCMKTS:SHKLY) Short Interest Up 100.0% in July

Posted by Samantha Reynolds on Jul 29th, 2024

Sinotruk (Hong Kong) Limited (OTCMKTS:SHKLY – Get Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totalling 200 shares, a growth of 100.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 0.4 days.

Sinotruk (Hong Kong) Price Performance

OTCMKTS:SHKLY remained flat at $116.45 during midday trading on Friday. The stock’s 50 day moving average price is $119.20 and its 200 day moving average price is $117.74. Sinotruk has a twelve month low of $89.55 and a twelve month high of $140.75.

Sinotruk (Hong Kong) Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, September 23rd. Investors of record on Monday, July 8th will be issued a $6.0544 dividend. The ex-dividend date of this dividend is Monday, July 8th. This is a positive change from Sinotruk (Hong Kong)’s previous dividend of $1.85. Sinotruk (Hong Kong)’s dividend payout ratio (DPR) is 18.11%.

Sinotruk (Hong Kong) Company Profile

(Get Free Report)

Sinotruk (Hong Kong) Limited, an investment holding company, engages in the research, development, manufacture, and sale of heavy-duty trucks (HDT), medium-heavy duty trucks, light duty trucks (LDT), buses, and related parts and components in Mainland China and internationally. The company operates through four segments: Heavy Duty Trucks, Light Duty Trucks and Others, Engines, and Finance.