CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Short Interest Up 18.1% in February

CK Hutchison Holdings Limited (OTCMKTS:CKHUY) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 136,200 shares, a growth of 18.1% from the February 13th total of 115,300 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 430,400 shares, the days-to-cover ratio is presently 0.3 days.

CK Hutchison Price Performance

OTCMKTS CKHUY opened at $5.85 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.22 and a debt-to-equity ratio of 0.32. The firm’s fifty day moving average price is $5.29 and its two-hundred day moving average price is $5.33. CK Hutchison has a 1 year low of $4.46 and a 1 year high of $6.57.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised shares of CK Hutchison from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 13th.

About CK Hutchison

CK Hutchison Holdings Limited, an investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong and internationally. The company operates through four segments: Ports and Related Services, Retail, Infrastructure, and Telecommunications.