CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Short Interest Up 18.1% in February

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 136,200 shares, an increase of 18.1% from the February 13th total of 115,300 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 430,400 shares, the days-to-cover ratio is currently 0.3 days.

CK Hutchison Stock Performance

Shares of CKHUY stock opened at $5.85 on Thursday. The company’s fifty day simple moving average is $5.29 and its 200-day simple moving average is $5.33. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.22 and a quick ratio of 1.07. CK Hutchison has a 12 month low of $4.46 and a 12 month high of $6.57.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised shares of CK Hutchison from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 13th.

CK Hutchison Company Profile

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.