Short Interest in Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Decreases By 49.6%

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 33,909 shares, a decline of 49.6% from the July 15th total of 67,337 shares. Based on an average daily trading volume, of 368,945 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Ck Hutchison to a “hold” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Ck Hutchison has an average rating of “Hold”.

Ck Hutchison Price Performance

OTCMKTS CKHUY opened at $8.90 on Monday. Ck Hutchison has a 12 month low of $6.30 and a 12 month high of $9.42. 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 stock’s fifty day moving average price is $8.84 and its 200-day moving average price is $8.44.

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.