Short Interest in Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Decreases By 60.9%

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUYGet Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 67,337 shares, a decline of 60.9% from the June 30th total of 172,096 shares. Based on an average daily volume of 573,607 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Ck Hutchison Stock Up 0.6%

CKHUY traded up $0.06 during midday trading on Tuesday, hitting $9.23. 94,617 shares of the company were exchanged, compared to its average volume of 205,080. The company’s 50 day simple moving average is $8.75 and its 200 day simple moving average is $8.29. Ck Hutchison has a 1-year low of $6.23 and a 1-year high of $9.35. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.57 and a quick ratio of 1.37.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Ck Hutchison to a “hold” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Ck Hutchison presently has a consensus rating of “Hold”.

View Our Latest Research Report on Ck Hutchison

About Ck Hutchison

(Get Free Report)

CK Hutchison Holdings Limited (OTCMKTS: CKHUY) is a Hong Kong–based multinational conglomerate with diversified operations across ports, retail, telecommunications, infrastructure, property and related services. The group was created in 2015 through the combination of the Cheung Kong and Hutchison Whampoa businesses and is headquartered in Hong Kong. CK Hutchison pursues a strategy of long‑term investment and active portfolio management across multiple capital‑intensive sectors.

The company’s principal activities include global port operations through Hutchison Ports, one of the world’s largest port operators; health and beauty, grocery and related retailing through A.S.

Featured Articles

Receive News & Ratings for Ck Hutchison Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ck Hutchison and related companies with MarketBeat.com's FREE daily email newsletter.