Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Short Interest Update

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 32,400 shares, a growth of 179.3% from the December 15th total of 11,600 shares. Based on an average trading volume of 327,000 shares, the days-to-cover ratio is currently 0.1 days.

Sun Hung Kai Properties Stock Performance

Sun Hung Kai Properties stock traded up $0.15 during midday trading on Thursday, reaching $9.09. 148,552 shares of the stock traded hands, compared to its average volume of 128,814. The company has a 50-day simple moving average of $9.75 and a two-hundred day simple moving average of $9.85. Sun Hung Kai Properties has a 12-month low of $8.35 and a 12-month high of $12.00.

Sun Hung Kai Properties Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Wednesday, November 13th were issued a dividend of $0.3391 per share. This represents a yield of 3.99%. This is a boost from Sun Hung Kai Properties’s previous dividend of $0.10. The ex-dividend date was Tuesday, November 12th.

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.