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

Sun Hung Kai and Co. (OTCMKTS:SHGKY – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 158 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 386 shares, the days-to-cover ratio is currently 0.4 days.

Sun Hung Kai and Price Performance

OTCMKTS:SHGKY opened at $2.37 on Friday. Sun Hung Kai and has a fifty-two week low of $1.41 and a fifty-two week high of $3.48. The company has a 50 day simple moving average of $2.19 and a two-hundred day simple moving average of $2.16.

About Sun Hung Kai and

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Sun Hung Kai Properties Limited (OTCMKTS: SHGKY) is a Hong Kong-based property developer and investment company. Founded in 1963, the company develops, owns and manages residential, commercial and mixed-use properties, including office buildings, shopping centers and large-scale integrated developments.

Its activities include residential property sales, property leasing, construction and property management. Sun Hung Kai Properties also operates hotels and provides related services through its hospitality and property-management businesses.

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