Hutchison Telecommunications Hong Kong Holdings Limited (OTCMKTS:HUTCY) Sees Large Drop in Short Interest

Hutchison Telecommunications Hong Kong Holdings Limited (OTCMKTS:HUTCY) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 33 shares, a drop of 95.9% from the July 30th total of 805 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 0.0 days.

Hutchison Telecommunications Hong Kong Stock Performance

HUTCY stock remained flat at $1.90 during midday trading on Wednesday. The stock has a fifty day moving average price of $2.09 and a 200 day moving average price of $2.13. Hutchison Telecommunications Hong Kong has a one year low of $1.60 and a one year high of $2.47.

Hutchison Telecommunications Hong Kong Company Profile

Hutchison Telecommunications Hong Kong Holdings Limited, an investment holding company, provides mobile communication services. It offers 4G long term evolution, 3G, and GSM dual-band mobile telecommunications under the 3 brand name. The company also provides voice services, including local, international direct dialing (IDD), and international roaming; 5G, wireless Internet access, international MMS, and SMS, as well as downloadable infotainment services; digital lifestyle and roaming services; 5G broadband, telemedicine, dietitian consultation, FinTech, gaming, and music applications; data plans; and develops business and corporate solutions comprising mobile business, information technology, smart city, Internet of Things, and big data.