Short Interest in Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Drops By 49.6%

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 33,909 shares, a decline of 49.6% from the July 15th total of 67,337 shares. Based on an average daily trading volume, of 368,945 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

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

Ck Hutchison Price Performance

Shares of CKHUY opened at $8.86 on Tuesday. Ck Hutchison has a twelve month low of $6.30 and a twelve month high of $9.42. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.37 and a current ratio of 1.57. The firm’s 50-day moving average is $8.84 and its two-hundred day moving average is $8.45.

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.