Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Sees Large Growth in Short Interest

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 57,000 shares, an increase of 338.5% from the February 28th total of 13,000 shares. Based on an average trading volume of 137,200 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Sun Hung Kai Properties Price Performance

Shares of OTCMKTS:SUHJY opened at $9.51 on Friday. Sun Hung Kai Properties has a 12-month low of $8.35 and a 12-month high of $12.00. The business has a 50 day moving average of $9.33 and a two-hundred day moving average of $9.92.

Sun Hung Kai Properties Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a $0.1222 dividend. The ex-dividend date was 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.