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

kopsource ·  Oct 27, 2022 16:02

CK Hutchison Holdings Limited (OTCMKTS:CKHUY – Get Rating) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 16,800 shares, a drop of 36.6% from the September 30th total of 26,500 shares. Based on an average daily volume of 730,400 shares, the days-to-cover ratio is presently 0.0 days.

CK Hutchison Price Performance

Shares of OTCMKTS CKHUY traded down $0.01 on Thursday, hitting $5.09. The company had a trading volume of 403,506 shares, compared to its average volume of 450,891. CK Hutchison has a 12-month low of $4.98 and a 12-month high of $7.70. The business has a 50 day moving average of $5.86 and a two-hundred day moving average of $6.48.

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CK Hutchison Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 30th. Stockholders of record on Monday, September 5th were paid a $0.0856 dividend. The ex-dividend date was Friday, September 2nd. This represents a dividend yield of 4.32%.

CK Hutchison Company Profile

(Get Rating)

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.

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