Short Interest in Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Rises By 17.9%

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 216,100 shares, a growth of 17.9% from the September 30th total of 183,300 shares. Based on an average daily trading volume, of 178,100 shares, the days-to-cover ratio is presently 1.2 days.

Sun Hung Kai Properties Stock Down 0.9 %

Shares of Sun Hung Kai Properties stock traded down $0.10 during trading hours on Wednesday, hitting $10.95. 64,305 shares of the company’s stock traded hands, compared to its average volume of 187,286. The stock has a 50 day simple moving average of $10.53 and a 200-day simple moving average of $9.68. Sun Hung Kai Properties has a twelve month low of $8.35 and a twelve month high of $12.00.

About Sun Hung Kai Properties

Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder’s comprehensive, fire, employees’ compensation, travel, personal accident, motor vehicles, contractors’ all risks, third party liability, and property all risks.