Short Interest in Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Decreases By 74.0%

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 64,800 shares, a decrease of 74.0% from the March 31st total of 249,500 shares. Based on an average daily volume of 442,800 shares, the days-to-cover ratio is presently 0.1 days.

Sun Hung Kai Properties Stock Up 0.4 %

OTCMKTS SUHJY traded up $0.04 on Friday, hitting $9.19. 222,478 shares of the company were exchanged, compared to its average volume of 263,121. Sun Hung Kai Properties has a 1-year low of $8.84 and a 1-year high of $14.12. The firm has a 50 day moving average of $9.60 and a two-hundred day moving average of $9.90.

Sun Hung Kai Properties Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 13th were given a $0.1014 dividend. The ex-dividend date was Tuesday, March 12th.

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 and sells properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company's land bank comprises 67.5 million square feet of gross floor area in Hong Kong.