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

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the target of a significant growth in short interest during 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,801,600 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

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

CK Hutchison Trading Down 4.9 %

Shares of CK Hutchison stock traded down $0.29 during trading on Friday, hitting $5.58. 555,571 shares of the company were exchanged, compared to its average volume of 379,751. 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 firm’s fifty day moving average price is $5.38 and its 200 day moving average price is $5.35. CK Hutchison has a 1-year low of $4.46 and a 1-year high of $6.57.

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.