CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Short Interest Up 72.0% in March

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 234,300 shares, a growth of 72.0% from the February 28th total of 136,200 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,801,600 shares, the short-interest ratio is presently 0.1 days.

CK Hutchison Price Performance

CK Hutchison stock traded down $0.29 during midday trading on Friday, hitting $5.58. The company’s stock had a trading volume of 555,571 shares, compared to its average volume of 379,751. CK Hutchison has a 12 month low of $4.46 and a 12 month high of $6.57. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.22 and a quick ratio of 1.07. The stock’s 50-day moving average price is $5.38 and its 200-day moving average price is $5.35.

Analyst Ratings Changes

Separately, UBS Group upgraded CK Hutchison from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 13th.

CK Hutchison Company Profile

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.