Sun Hung Kai and Co. (OTCMKTS:SHGKY) Sees Significant Increase in Short Interest

Sun Hung Kai and Co. (OTCMKTS:SHGKY) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 2 shares, a growth of 100.0% from the May 14th total of 1 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 5 shares, the short-interest ratio is presently 0.4 days.

Sun Hung Kai and Price Performance

Shares of SHGKY stock opened at $2.12 on Friday. The firm has a 50 day moving average price of $1.95 and a two-hundred day moving average price of $2.16. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.69 and a current ratio of 1.69. Sun Hung Kai and has a 12-month low of $1.41 and a 12-month high of $3.00.

Sun Hung Kai and Company Profile

Sun Hung Kai & Co Limited is a Hong Kong–based non-bank financial institution offering a diversified suite of services across securities brokerage, asset management, corporate finance and wealth management. Originally founded in 1969 as a securities brokerage firm, the company has since broadened its scope to include individually tailored investment solutions, structured products and advisory services for both institutional and private clients.

The asset management division of Sun Hung Kai oversees portfolios spanning public equities, fixed income and alternative investments, including private equity and real estate.