Short Interest in Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY) Drops By 27.4%

Sun Hung Kai Properties Ltd. (OTCMKTS:SUHJY) was the recipient of a large decline in short interest in May. As of May 31st, there was short interest totalling 48,800 shares, a decline of 27.4% from the May 15th total of 67,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 79,700 shares, the days-to-cover ratio is currently 0.6 days.

Sun Hung Kai Properties Stock Down 1.6%

OTCMKTS:SUHJY opened at $10.92 on Thursday. The company has a 50 day moving average price of $10.10 and a 200-day moving average price of $9.62. Sun Hung Kai Properties has a 1-year low of $8.19 and a 1-year high of $12.00.

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.