CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Short Interest Update

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 234,300 shares, an increase of 72.0% from the February 28th total of 136,200 shares. Based on an average trading volume of 1,801,600 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

CK Hutchison Stock Down 4.9 %

Shares of CKHUY opened at $5.58 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.22 and a quick ratio of 1.07. The company’s fifty day moving average price is $5.38 and its 200-day moving average price is $5.35. CK Hutchison has a 1-year low of $4.46 and a 1-year high of $6.57.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded 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.