Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Short Interest Up 93.6% in June

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 178,348 shares, an increase of 93.6% from the May 31st total of 92,110 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 494,863 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Ratings Changes

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

Ck Hutchison Price Performance

CKHUY traded down $0.03 on Wednesday, hitting $8.45. 211,625 shares of the company were exchanged, compared to its average volume of 198,142. The stock’s fifty day moving average is $8.75 and its 200-day moving average is $8.05. Ck Hutchison has a 12 month low of $6.00 and a 12 month high of $9.35. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.37 and a current ratio of 1.57.

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.