CK Asset Holdings Limited (OTCMKTS:CHKGF) Sees Large Increase in Short Interest

CK Asset Holdings Limited (OTCMKTS:CHKGF) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 870,055 shares, an increase of 993.1% from the May 14th total of 79,597 shares. Based on an average daily volume of 3,267 shares, the short-interest ratio is presently 266.3 days.

CK Asset Stock Performance

Shares of CHKGF stock opened at $5.94 on Wednesday. The company has a fifty day moving average price of $6.09 and a two-hundred day moving average price of $5.58. CK Asset has a one year low of $3.74 and a one year high of $6.81.

About CK Asset

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.