Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Short Interest Up 164.0% in March

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 94,500 shares, an increase of 164.0% from the February 29th total of 35,800 shares. Based on an average trading volume of 281,500 shares, the days-to-cover ratio is presently 0.3 days.

Sun Hung Kai Properties Stock Performance

Shares of SUHJY traded up $0.12 during mid-day trading on Thursday, hitting $9.74. 199,674 shares of the company traded hands, compared to its average volume of 177,155. Sun Hung Kai Properties has a 1-year low of $9.02 and a 1-year high of $14.46. The business has a 50 day moving average of $9.62 and a 200 day moving average of $10.05.

Sun Hung Kai Properties Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 13th were issued a dividend of $0.1014 per share. The ex-dividend date of this dividend was Tuesday, March 12th.

Sun Hung Kai Properties Company Profile

Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops and sells properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company's land bank comprises 67.5 million square feet of gross floor area in Hong Kong.