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

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) saw a large growth in short interest during the month of 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 daily trading volume, of 327,000 shares, the days-to-cover ratio is presently 0.1 days.

Sun Hung Kai Properties Stock Performance

SUHJY traded down $0.12 during trading on Friday, reaching $8.86. 163,117 shares of the company’s stock were exchanged, compared to its average volume of 189,339. Sun Hung Kai Properties has a 1 year low of $8.35 and a 1 year high of $12.00. The company’s fifty day simple moving average is $9.46 and its 200-day simple moving average is $9.86.

Sun Hung Kai Properties Increases Dividend

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

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.