Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Sees Large Increase in Short Interest

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 178,348 shares, an increase of 93.6% from the May 31st total of 92,110 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 494,863 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Ck Hutchison to a “hold” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Ck Hutchison has a consensus rating of “Hold”.

Ck Hutchison Stock Down 2.3%

OTCMKTS:CKHUY traded down $0.19 on Thursday, reaching $8.25. The stock had a trading volume of 480,334 shares, compared to its average volume of 199,665. Ck Hutchison has a 12-month low of $6.00 and a 12-month high of $9.35. The firm’s fifty day moving average is $8.75 and its two-hundred day moving average is $8.06. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.57 and a quick ratio of 1.37.

About Ck Hutchison

CK Hutchison Holdings Limited (OTCMKTS: CKHUY) is a Hong Kong–based multinational conglomerate with diversified operations across ports, retail, telecommunications, infrastructure, property and related services. The group was created in 2015 through the combination of the Cheung Kong and Hutchison Whampoa businesses and is headquartered in Hong Kong. CK Hutchison pursues a strategy of long‑term investment and active portfolio management across multiple capital‑intensive sectors.

The company’s principal activities include global port operations through Hutchison Ports, one of the world’s largest port operators; health and beauty, grocery and related retailing through A.S.