Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Short Interest Update

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 26,200 shares, a decline of 19.1% from the December 31st total of 32,400 shares. Based on an average daily volume of 358,900 shares, the short-interest ratio is presently 0.1 days.

Sun Hung Kai Properties Price Performance

SUHJY traded down $0.12 during trading on Friday, hitting $8.86. 163,115 shares of the company traded hands, compared to its average volume of 172,886. Sun Hung Kai Properties has a one year low of $8.35 and a one year high of $12.00. The stock’s fifty day moving average is $9.44 and its 200 day moving average is $9.86.

Sun Hung Kai Properties Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 13th were paid a $0.3391 dividend. The ex-dividend date was Tuesday, November 12th. This is a positive change from Sun Hung Kai Properties’s previous dividend of $0.10. This represents a dividend yield of 3.99%.

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.