Sun Hung Kai and Co. (OTCMKTS:SHGKY) Sees Significant Increase in Short Interest

Sun Hung Kai and Co. (OTCMKTS:SHGKY) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 2 shares, an increase of 100.0% from the May 14th total of 1 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 5 shares, the days-to-cover ratio is currently 0.4 days.

Sun Hung Kai and Stock Performance

OTCMKTS SHGKY opened at $2.12 on Friday. The firm’s fifty day moving average price is $1.95 and its two-hundred day moving average price is $2.16. Sun Hung Kai and has a fifty-two week low of $1.41 and a fifty-two week high of $3.00. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.09.

About Sun Hung Kai and

Sun Hung Kai & Co Limited is a Hong Kong–based non-bank financial institution offering a diversified suite of services across securities brokerage, asset management, corporate finance and wealth management. Originally founded in 1969 as a securities brokerage firm, the company has since broadened its scope to include individually tailored investment solutions, structured products and advisory services for both institutional and private clients.

The asset management division of Sun Hung Kai oversees portfolios spanning public equities, fixed income and alternative investments, including private equity and real estate.