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CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Sees Significant Decline in Short Interest

Financial News Live ·  Oct 29, 2022 14:31

CK Hutchison Holdings Limited (OTCMKTS:CKHUY – Get Rating) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 16,800 shares, a decline 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 currently 0.0 days.

CK Hutchison Trading Down 0.4 %

Shares of CK Hutchison stock traded down $0.02 on Friday, reaching $5.08. 430,069 shares of the stock were exchanged, compared to its average volume of 432,668. CK Hutchison has a 1-year low of $4.98 and a 1-year high of $7.70. The business has a fifty day moving average price of $5.80 and a two-hundred day moving average price of $6.45.

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CK Hutchison Cuts Dividend

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

About CK Hutchison

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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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