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

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

Analyst Ratings Changes

Separately, Zacks Research raised 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, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Ck Hutchison Trading Down 0.4%

CKHUY stock traded down $0.03 during trading hours on Wednesday, reaching $8.45. 211,625 shares of the stock were exchanged, compared to its average volume of 198,142. The firm’s 50-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 current ratio of 1.57 and a quick ratio of 1.37.

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.