Short Interest in Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Increases By 2,500.0%

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 13,000 shares, a growth of 2,500.0% from the February 13th total of 500 shares. Based on an average daily volume of 186,400 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Sun Hung Kai Properties Price Performance

SUHJY stock opened at $9.75 on Friday. The firm has a 50-day simple moving average of $9.19 and a two-hundred day simple moving average of $9.91. Sun Hung Kai Properties has a one year low of $8.35 and a one year high of $12.00.

Sun Hung Kai Properties Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a dividend of $0.1222 per share. The ex-dividend date of this dividend is Thursday, March 13th.

About Sun Hung Kai Properties

Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder’s comprehensive, fire, employees’ compensation, travel, personal accident, motor vehicles, contractors’ all risks, third party liability, and property all risks.