Sun Hung Kai & Co. Limited (OTCMKTS:SHGKY) Sees Large Drop in Short Interest

Sun Hung Kai & Co. Limited (OTCMKTS:SHGKY - Get Free Report) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 100 shares, a drop of 83.3% from the March 31st total of 600 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Sun Hung Kai & Co. Limited Price Performance

SHGKY stock remained flat at $1.32 during midday trading on Friday. 10 shares of the company's stock were exchanged, compared to its average volume of 2,733. The company's 50-day moving average is $1.65 and its 200-day moving average is $1.63. Sun Hung Kai & Co. Limited has a fifty-two week low of $1.29 and a fifty-two week high of $2.23.

Sun Hung Kai & Co. Limited Company Profile

Sun Hung Kai & Co Limited, an investment holding company, provides financial services primarily in Hong Kong and the People's Republic of China. The company operates through Consumer Finance, Private Credit, Mortgage Loans, Investment Management, and Group Management and Support segments. It offers unsecured loan to individuals and businesses through branches and online platforms; and first mortgage and second mortgage loans to property owners, as well as customized financing solutions to property investors.

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