Power Assets Holdings Ltd. (OTCMKTS:HGKGY – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 10,645 shares, an increase of 76.2% from the September 30th total of 6,041 shares. Based on an average daily volume of 2,971 shares, the short-interest ratio is presently 3.6 days. Currently, 0.0% of the company’s stock are short sold.
Power Assets Stock Down 1.6%
Shares of Power Assets stock traded down $0.13 during trading hours on Monday, hitting $7.83. The company’s stock had a trading volume of 289 shares, compared to its average volume of 2,700. The stock has a 50 day moving average of $7.67 and a 200 day moving average of $7.74. Power Assets has a 12 month low of $6.19 and a 12 month high of $8.61.
Power Assets Company Profile
Power Assets Holdings Limited is an investment holding company focused on the energy and utility sectors. The company invests in businesses involved in electricity generation, transmission and distribution, gas distribution, renewable energy and other infrastructure-related activities.
Through its portfolio of investments, Power Assets has exposure to utility and energy infrastructure projects in Hong Kong, the United Kingdom, Australia, New Zealand, Canada and other international markets.
See Also
- Five stocks we like better than Power Assets
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Receive News & Ratings for Power Assets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power Assets and related companies with MarketBeat.com's FREE daily email newsletter.
