Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 35,447 shares, a growth of 304.1% from the August 15th total of 8,771 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 150,064 shares, the short-interest ratio is currently 0.2 days.
Sun Hung Kai Properties Stock Down 10.2%
Shares of OTCMKTS SUHJY opened at $13.74 on Friday. The firm’s fifty day moving average is $15.28 and its 200 day moving average is $16.29. Sun Hung Kai Properties has a 52 week low of $11.47 and a 52 week high of $18.89.
Sun Hung Kai Properties Company Profile
Sun Hung Kai Properties Limited is a Hong Kong-based property developer and investment company. Founded in 1963 and listed on the Hong Kong Stock Exchange in 1972, the company develops and manages residential, office, retail and mixed-use properties. Its portfolio includes large-scale developments, shopping centers, office buildings and residential communities.
The company also operates hotels and provides property management services. Its broader business interests have included telecommunications, infrastructure and transportation-related projects, logistics, information technology and financial services.
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