Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Sees Significant Decrease in Short Interest

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 57,448 shares, a decline of 60.5% from the April 30th total of 145,420 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 407,048 shares, the days-to-cover ratio is presently 0.1 days.

Ck Hutchison Price Performance

Shares of OTCMKTS:CKHUY opened at $8.93 on Monday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.57 and a quick ratio of 1.37. The business’s 50-day moving average is $8.36 and its 200-day moving average is $7.79. Ck Hutchison has a 1 year low of $5.40 and a 1 year high of $9.35.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Ck Hutchison to a “hold” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

About Ck Hutchison

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.