Short Interest in Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) Drops By 74.0%

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 64,800 shares, a drop of 74.0% from the March 31st total of 249,500 shares. Based on an average trading volume of 442,800 shares, the short-interest ratio is presently 0.1 days.

Sun Hung Kai Properties Price Performance

Sun Hung Kai Properties stock traded up $0.04 during mid-day trading on Thursday, hitting $9.19. The stock had a trading volume of 222,397 shares, compared to its average volume of 233,278. The stock has a 50-day simple moving average of $9.60 and a two-hundred day simple moving average of $9.90. Sun Hung Kai Properties has a 12 month low of $8.84 and a 12 month high of $14.12.

Sun Hung Kai Properties Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 13th were issued a $0.1014 dividend. The ex-dividend date of this dividend was Tuesday, March 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 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.