CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Sees Large Decrease in Short Interest

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 53,200 shares, a decline of 20.2% from the September 30th total of 66,700 shares. Based on an average daily trading volume, of 237,000 shares, the short-interest ratio is presently 0.2 days.

CK Hutchison Trading Up 1.3 %

Shares of CK Hutchison stock traded up $0.07 on Tuesday, hitting $5.36. 77,775 shares of the company traded hands, compared to its average volume of 320,909. The stock’s 50 day moving average price is $5.47 and its 200-day moving average price is $5.13. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.07 and a current ratio of 1.22. CK Hutchison has a 52 week low of $4.46 and a 52 week high of $6.07.

CK Hutchison Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 10th. Investors of record on Monday, September 16th were paid a $0.0707 dividend. The ex-dividend date was Monday, September 16th.

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.