CK Hutchison Holdings Limited (OTCMKTS:CKHUY – Get Rating) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 20,700 shares, an increase of 11.9% from the August 15th total of 18,500 shares. Based on an average daily volume of 372,900 shares, the days-to-cover ratio is currently 0.1 days.

CK Hutchison Price Performance

OTCMKTS:CKHUY opened at $6.05 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.29 and a debt-to-equity ratio of 0.40. The company has a 50 day moving average price of $6.45 and a 200-day moving average price of $6.78. CK Hutchison has a 1-year low of $5.79 and a 1-year high of $7.70.

CK Hutchison Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, September 30th. Stockholders of record on Monday, September 5th will be issued a dividend of $0.0856 per share. This represents a dividend yield of 4.32%. The ex-dividend date of this dividend is Friday, September 2nd.

About CK Hutchison

CK Hutchison Holdings Limited, an investment holding company, operates in ports and related services, retail, infrastructure, and telecommunications businesses worldwide. The company invests in, develops, and operates ports, which operate 291 berths in 52 ports spanning 26 countries; and provides logistics and transportation-related services, such as cruise ship terminals, distribution centers, rail services, and ship repair facilities.

Further Reading

• Get a free copy of the StockNews.com research report on CK Hutchison (CKHUY)
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