Short Interest in CK Asset Holdings Limited (OTCMKTS:CHKGF) Declines By 59.4%

CK Asset Holdings Limited (OTCMKTS:CHKGF) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 353,504 shares, a drop of 59.4% from the May 31st total of 870,055 shares. Based on an average trading volume of 9,586 shares, the days-to-cover ratio is presently 36.9 days.

CK Asset Stock Performance

OTCMKTS:CHKGF opened at $5.89 on Monday. CK Asset has a 52 week low of $4.19 and a 52 week high of $6.80. The stock’s fifty day moving average is $6.14 and its two-hundred day moving average is $5.69.

CK Asset Company Profile

CK Asset Holdings Limited (OTCMKTS:CHKGF) is a Hong Kong–based property developer and investor engaged in a diversified range of real estate activities. The company’s core operations include the development and sale of residential, office, retail and car‐parking properties in Hong Kong and mainland China. Building on its strong local presence, CK Asset also extends its property investment portfolio to strategic markets in the United Kingdom, Australia and Singapore.

In addition to its development business, CK Asset operates a property investment and hotel management segment that owns and manages commercial, retail and hospitality assets.