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

Kerry Properties Limited (OTCMKTS:KRYPF) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 594,400 shares, a drop of 25.8% from the February 13th total of 801,000 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is presently 990.7 days.

Kerry Properties Stock Performance

KRYPF stock opened at $2.30 on Tuesday. Kerry Properties has a 1 year low of $1.73 and a 1 year high of $2.30. The stock’s fifty day moving average is $1.92 and its two-hundred day moving average is $2.06.

About Kerry Properties

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.