Sun Hung Kai Properties Limited (OTCMKTS:SUHJY – Get Free Report) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 26,200 shares, a decline of 19.1% from the December 31st total of 32,400 shares. Based on an average daily trading volume, of 358,900 shares, the short-interest ratio is presently 0.1 days.
Sun Hung Kai Properties Trading Down 1.3 %
SUHJY stock traded down $0.12 during midday trading on Friday, reaching $8.86. 163,115 shares of the company’s stock traded hands, compared to its average volume of 172,886. Sun Hung Kai Properties has a 52 week low of $8.35 and a 52 week high of $12.00. The company has a 50-day moving average price of $9.44 and a two-hundred day moving average price of $9.86.
Sun Hung Kai Properties Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, November 29th. Investors of record on Wednesday, November 13th were paid a dividend of $0.3391 per share. This represents a dividend yield of 3.99%. This is a positive change from Sun Hung Kai Properties’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, November 12th.
About Sun Hung Kai Properties
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.
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