Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Short Interest Down 60.5% in May

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

Analyst Ratings Changes

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

Ck Hutchison Price Performance

CKHUY stock opened at $8.93 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.37 and a debt-to-equity ratio of 0.33. Ck Hutchison has a 12-month low of $5.40 and a 12-month high of $9.35. The business’s 50-day moving average is $8.36 and its 200 day moving average is $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.