CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Short Interest Down 38.9% in August

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 167,000 shares, a decrease of 38.9% from the August 15th total of 273,500 shares. Based on an average daily volume of 241,300 shares, the short-interest ratio is currently 0.7 days.

CK Hutchison Price Performance

OTCMKTS CKHUY traded up $0.01 on Friday, hitting $5.35. 82,814 shares of the stock traded hands, compared to its average volume of 353,171. The business’s fifty day moving average is $5.19 and its two-hundred day moving average is $5.01. CK Hutchison has a 12 month low of $4.46 and a 12 month high of $5.51. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.25 and a quick ratio of 1.09.

CK Hutchison Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, October 10th. Shareholders of record on Monday, September 16th will be given a dividend of $0.0707 per share. The ex-dividend date of this dividend is 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.