Short Interest in CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Declines By 44.0%

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 29,800 shares, a decrease of 44.0% from the October 15th total of 53,200 shares. Based on an average daily volume of 216,400 shares, the days-to-cover ratio is presently 0.1 days.

CK Hutchison Stock Performance

Shares of CK Hutchison stock traded down $0.02 on Wednesday, hitting $5.06. The company had a trading volume of 352,648 shares, compared to its average volume of 311,111. CK Hutchison has a 52 week low of $4.46 and a 52 week high of $6.07. The company has a current ratio of 1.22, a quick ratio of 1.07 and a debt-to-equity ratio of 0.32. The business has a 50-day simple moving average of $5.44 and a 200-day simple moving average of $5.18.

CK Hutchison Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 10th. Investors of record on Monday, September 16th were issued a dividend of $0.0707 per share. The ex-dividend date was Monday, September 16th.

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.