Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Sees Significant Increase in Short Interest

Posted by James Quigley on Jan 31st, 2025

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

Sun Hung Kai Properties Stock Performance

SUHJY stock traded down $0.12 during midday trading on Friday, reaching $8.86. The company’s stock had a trading volume of 163,115 shares, compared to its average volume of 189,558. The stock has a fifty day simple moving average of $9.46 and a two-hundred day simple moving average of $9.86. Sun Hung Kai Properties has a 1 year low of $8.35 and a 1 year high of $12.00.

Sun Hung Kai Properties Increases Dividend

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

Sun Hung Kai Properties Company Profile

(Get Free Report)

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.