Kerry Properties Limited (OTCMKTS:KRYPF) Sees Large Drop in Short Interest

Kerry Properties Limited (OTCMKTS:KRYPF) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 57,200 shares, a drop of 7.3% from the September 30th total of 61,700 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 33.6 days.

Kerry Properties Price Performance

Shares of OTCMKTS KRYPF opened at $2.21 on Thursday. The firm has a fifty day moving average of $2.19 and a 200-day moving average of $1.99. Kerry Properties has a 52-week low of $1.60 and a 52-week high of $2.26.

Kerry Properties Company Profile

Kerry Properties Limited, an investment holding company, engages in the development, investment, management, and trading of properties in Hong Kong, Mainland China, and the Asia Pacific region. The company owns and operates hotels; and provides logistics and international freight forwarding, consultancy, administrative support, project management, financial, IT system and consultancy, estate agency, and construction services.