Short Interest in CK Asset Holdings Limited (OTCMKTS:CHKGF) Declines By 48.1%

CK Asset Holdings Limited (OTCMKTS:CHKGF) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 887,100 shares, a drop of 48.1% from the September 30th total of 1,708,100 shares. Based on an average daily trading volume, of 3,800 shares, the short-interest ratio is currently 233.4 days.

CK Asset Price Performance

Shares of CHKGF remained flat at $4.13 during midday trading on Friday. CK Asset has a fifty-two week low of $3.45 and a fifty-two week high of $5.18. The firm’s 50-day moving average price is $3.77 and its 200-day moving average price is $3.89.

About CK Asset

CK Asset Holdings Limited operates as a property developer in Hong Kong, the Mainland, Singapore, the United Kingdom, continental Europe, Australia, and Canada. The company is involved in the leasing of office, industrial, retail, residential, and other properties; property investment and development activities; and pub, and hotel and serviced suite operation businesses.