CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Short Interest Up 46.2% in May

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the recipient of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 218,200 shares, an increase of 46.2% from the May 15th total of 149,200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 308,800 shares, the days-to-cover ratio is currently 0.7 days.

CK Hutchison Trading Up 2.0%

Shares of OTCMKTS:CKHUY traded up $0.12 on Monday, hitting $5.98. The company’s stock had a trading volume of 170,267 shares, compared to its average volume of 319,952. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.07 and a current ratio of 1.22. The company has a 50-day simple moving average of $5.59 and a 200 day simple moving average of $5.42. CK Hutchison has a 1 year low of $4.60 and a 1 year high of $6.57.

CK Hutchison Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 29th will be paid a $0.1559 dividend. This represents a yield of 3.96%. The ex-dividend date is Wednesday, May 28th. This is a boost from CK Hutchison’s previous dividend of $0.07.

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.