Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Sees Significant Increase in Short Interest

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY - Get Free Report) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 32,400 shares, a growth of 179.3% from the December 31st total of 11,600 shares. Based on an average trading volume of 327,000 shares, the days-to-cover ratio is presently 0.1 days.

Sun Hung Kai Properties Trading Down 0.6 %

Sun Hung Kai Properties stock traded down $0.05 during mid-day trading on Wednesday, hitting $8.86. The company had a trading volume of 172,813 shares, compared to its average volume of 192,101. Sun Hung Kai Properties has a 12 month low of $8.35 and a 12 month high of $12.00. The stock's 50 day moving average price is $9.50 and its two-hundred day moving average price is $9.88.

Sun Hung Kai Properties Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Wednesday, November 13th were paid a $0.3391 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a dividend yield of 3.99%. This is a boost from Sun Hung Kai Properties's previous dividend of $0.10.

Sun Hung Kai Properties Company Profile

Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder's comprehensive, fire, employees' compensation, travel, personal accident, motor vehicles, contractors' all risks, third party liability, and property all risks.

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