Kerry Properties Limited (OTCMKTS:KRYPF) Sees Significant Decline in Short Interest

Kerry Properties Limited (OTCMKTS:KRYPF) was the recipient of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 472,700 shares, a drop of 18.3% from the November 15th total of 578,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Kerry Properties Stock Performance

Shares of KRYPF remained flat at $1.86 during midday trading on Friday. The company has a 50-day simple moving average of $2.18 and a 200-day simple moving average of $2.04. Kerry Properties has a 1-year low of $1.60 and a 1-year high of $2.27.

About Kerry Properties

Kerry Properties Limited, an investment holding company, engages in the development, investment, management, and trading of properties in Hong Kong, Mainland China, and the Asia Pacific region. The company owns and operates hotels; and provides logistics and international freight forwarding, consultancy, administrative support, project management, financial, IT system and consultancy, estate agency, and construction services.