Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Short Interest Up 338.5% in March

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 57,000 shares, a growth of 338.5% from the February 28th total of 13,000 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 137,200 shares, the days-to-cover ratio is presently 0.4 days.

Sun Hung Kai Properties Trading Up 0.2 %

OTCMKTS:SUHJY opened at $9.63 on Thursday. Sun Hung Kai Properties has a 12 month low of $8.35 and a 12 month high of $12.00. The firm has a fifty day simple moving average of $9.30 and a 200-day simple moving average of $9.92.

Sun Hung Kai Properties Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a $0.1222 dividend. The ex-dividend date of this dividend is Thursday, March 13th.

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.