CK Hutchison Holdings Limited (OTCMKTS:CKHUY – Get Rating) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 48,900 shares, an increase of 191.1% from the October 15th total of 16,800 shares. Based on an average daily trading volume, of 901,400 shares, the short-interest ratio is currently 0.1 days.

CK Hutchison Stock Up 0.6 %

Shares of CKHUY opened at $5.23 on Friday. The stock's fifty day simple moving average is $5.56 and its 200 day simple moving average is $6.32. CK Hutchison has a twelve month low of $4.81 and a twelve month high of $7.70.

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 issued a dividend of $0.0856 per share. This represents a dividend yield of 4.32%. The ex-dividend date was 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.

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