Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Short Interest Up 60.3% in May

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 92,110 shares, a growth of 60.3% from the May 14th total of 57,448 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 333,721 shares, the days-to-cover ratio is currently 0.3 days.

Ck Hutchison Trading Down 0.1%

Ck Hutchison stock opened at $8.88 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.57 and a quick ratio of 1.37. The business has a fifty day moving average price of $8.63 and a 200-day moving average price of $7.94. Ck Hutchison has a 1-year low of $5.91 and a 1-year high of $9.35.

Wall Street Analyst Weigh In

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

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.