Power Assets Holdings Ltd. (OTCMKTS:HGKGY) Short Interest Update

Power Assets Holdings Ltd. (OTCMKTS:HGKGY) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 22,982 shares, an increase of 18.5% from the February 12th total of 19,393 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 3,840 shares, the days-to-cover ratio is presently 6.0 days. Based on an average daily trading volume, of 3,840 shares, the days-to-cover ratio is presently 6.0 days. Approximately 0.0% of the company’s shares are sold short.

Power Assets Stock Performance

Shares of HGKGY stock opened at $7.91 on Wednesday. The firm’s 50 day moving average price is $7.73 and its 200-day moving average price is $6.99. Power Assets has a one year low of $5.81 and a one year high of $8.33.

About Power Assets

Power Assets Holdings Limited, traded over the counter as HGKGY, is an investment holding company focused on power generation and electricity distribution businesses. Incorporated in Bermuda, the company holds a significant equity interest in The Hongkong Electric Company, serving Hong Kong Island and Lamma Island. Its core activities include long-term investments in regulated utility assets and the development of low-carbon energy solutions.

Beyond its flagship investment in Hong Kong, Power Assets has diversified holdings across Asia Pacific and Europe.