CK Asset Holdings Limited (OTCMKTS:CHKGF) Sees Significant Drop in Short Interest

CK Asset Holdings Limited (OTCMKTS:CHKGFGet Free Report) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 353,504 shares, a decrease of 59.4% from the May 31st total of 870,055 shares. Based on an average trading volume of 9,586 shares, the days-to-cover ratio is presently 36.9 days.

CK Asset Stock Performance

Shares of CHKGF opened at $5.89 on Wednesday. The stock has a 50 day moving average price of $6.14 and a 200 day moving average price of $5.71. CK Asset has a one year low of $4.19 and a one year high of $6.80.

About CK Asset

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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.

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