Power Assets Holdings Limited (OTCMKTS:HGKGY) Short Interest Update

Power Assets Holdings Limited (OTCMKTS:HGKGY - Get Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totalling 200 shares, a growth of 100.0% from the August 31st total of 100 shares. Based on an average trading volume of 2,800 shares, the days-to-cover ratio is presently 0.1 days.

Power Assets Price Performance

Shares of HGKGY traded down $0.07 on Friday, hitting $6.54. The company's stock had a trading volume of 313 shares, compared to its average volume of 2,937. Power Assets has a fifty-two week low of $4.51 and a fifty-two week high of $7.18. The company has a 50 day moving average price of $6.69 and a 200 day moving average price of $6.03. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.03.

Power Assets Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Thursday, September 12th will be given a $0.0801 dividend. The ex-dividend date is Thursday, September 12th.

Power Assets Company Profile

Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.