Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Sees Significant Growth in Short Interest

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

Sun Hung Kai Properties Stock Down 0.5 %

Shares of SUHJY traded down $0.07 during midday trading on Monday, hitting $9.57. 135,058 shares of the company traded hands, compared to its average volume of 176,793. The firm has a 50 day moving average of $10.15 and a 200-day moving average of $9.82. Sun Hung Kai Properties has a 52 week low of $8.35 and a 52 week high of $12.00.

Sun Hung Kai Properties Increases Dividend

The company also recently declared 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. The ex-dividend date was Tuesday, November 12th. This is a positive change from Sun Hung Kai Properties’s previous dividend of $0.10. This represents a yield of 3.99%.

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.