Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Short Interest Update

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 32,400 shares, an increase of 179.3% from the December 15th total of 11,600 shares. Based on an average trading volume of 327,000 shares, the short-interest ratio is presently 0.1 days.

Sun Hung Kai Properties Stock Performance

Sun Hung Kai Properties stock traded up $0.15 during mid-day trading on Thursday, reaching $9.09. The company’s stock had a trading volume of 148,552 shares, compared to its average volume of 128,814. Sun Hung Kai Properties has a twelve month low of $8.35 and a twelve month high of $12.00. The business has a 50 day moving average price of $9.75 and a 200-day moving average price of $9.85.

Sun Hung Kai Properties Increases Dividend

The business also recently disclosed 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. This is an increase 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.