Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY) Short Interest Update

Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 35,447 shares, an increase of 304.1% from the August 15th total of 8,771 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 150,064 shares, the days-to-cover ratio is presently 0.2 days.

Sun Hung Kai Properties Stock Down 10.2%

Sun Hung Kai Properties stock opened at $13.74 on Friday. The firm’s 50 day simple moving average is $15.28 and its 200 day simple moving average is $16.29. Sun Hung Kai Properties has a 1-year low of $11.47 and a 1-year high of $18.89.

About Sun Hung Kai Properties

Sun Hung Kai Properties Limited is a Hong Kong-based property developer and investment company. Founded in 1963 and listed on the Hong Kong Stock Exchange in 1972, the company develops and manages residential, office, retail and mixed-use properties. Its portfolio includes large-scale developments, shopping centers, office buildings and residential communities.

The company also operates hotels and provides property management services. Its broader business interests have included telecommunications, infrastructure and transportation-related projects, logistics, information technology and financial services.