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

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 23,300 shares, an increase of 366.0% from the July 15th total of 5,000 shares. Based on an average daily trading volume, of 333,800 shares, the short-interest ratio is currently 0.1 days.

Sun Hung Kai Properties Price Performance

Shares of SUHJY stock traded up $0.04 on Monday, hitting $9.44. The stock had a trading volume of 165,000 shares, compared to its average volume of 215,777. The company’s 50 day moving average price is $8.95 and its 200-day moving average price is $9.37. Sun Hung Kai Properties has a 1 year low of $8.35 and a 1 year high of $11.92.

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 and sells properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company's land bank comprises 67.5 million square feet of gross floor area in Hong Kong.