CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Short Interest Up 72.0% in March

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the recipient of a large increase in short interest during the month of 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. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,801,600 shares, the short-interest ratio is currently 0.1 days.

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 Stock Down 4.9 %

CK Hutchison stock traded down $0.29 during mid-day trading on Friday, hitting $5.58. 555,571 shares of the company’s stock traded hands, compared to its average volume of 379,751. The company has a quick ratio of 1.07, a current ratio of 1.22 and a debt-to-equity ratio of 0.32. CK Hutchison has a one year low of $4.46 and a one year high of $6.57. The firm has a 50 day moving average price of $5.38 and a 200 day moving average price of $5.35.

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.