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 large growth in short interest in December. As of December 15th, there was short interest totaling 1,008 shares, a growth of 30.2% from the November 30th total of 774 shares. Based on an average trading volume of 427 shares, the short-interest ratio is presently 2.4 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 427 shares, the short-interest ratio is presently 2.4 days.

Sun Hung Kai and Price Performance

Shares of SHGKY stock opened at $2.01 on Wednesday. The business’s fifty day moving average is $2.16 and its 200 day moving average is $2.03. Sun Hung Kai and has a twelve month low of $1.29 and a twelve 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.