Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Sees Large Increase in Short Interest

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 11,600 shares, a growth of 46.8% from the November 30th total of 7,900 shares. Based on an average daily trading volume, of 197,700 shares, the short-interest ratio is presently 0.1 days.

Sun Hung Kai Properties Price Performance

Shares of Sun Hung Kai Properties stock traded down $0.02 during trading hours on Friday, hitting $9.61. The company’s stock had a trading volume of 132,708 shares, compared to its average volume of 176,958. Sun Hung Kai Properties has a 12-month low of $8.35 and a 12-month high of $12.00. The business has a 50 day moving average price of $10.15 and a two-hundred day moving average price of $9.82.

Sun Hung Kai Properties Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 13th were issued a dividend of $0.3391 per share. This is a positive change from Sun Hung Kai Properties’s previous dividend of $0.10. This represents a yield of 3.99%. The ex-dividend date was Tuesday, November 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, 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.