Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Sees Significant Drop in Short Interest

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 57,448 shares, a drop of 60.5% from the April 30th total of 145,420 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 407,048 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Ck Hutchison to a “hold” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Ck Hutchison Price Performance

Shares of CKHUY opened at $8.93 on Friday. Ck Hutchison has a twelve month low of $5.40 and a twelve 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. The company has a 50 day moving average of $8.36 and a two-hundred day moving average of $7.79.

Ck Hutchison Company Profile

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.