Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) Short Interest Down 60.9% in July

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 67,337 shares, a decrease of 60.9% from the June 30th total of 172,096 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 573,607 shares, the days-to-cover ratio is presently 0.1 days.

Ck Hutchison Price Performance

Shares of CKHUY opened at $9.10 on Monday. The stock’s 50-day moving average price is $8.75 and its 200 day moving average price is $8.27. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.37 and a current ratio of 1.57. Ck Hutchison has a 12-month low of $6.23 and a 12-month high of $9.35.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Ck Hutchison to a “hold” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock 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.