CK Hutchison Holdings Limited (OTCMKTS:CKHUY – Get Rating) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 160,400 shares, a decline of 17.9% from the March 15th total of 195,300 shares. Based on an average daily volume of 217,500 shares, the days-to-cover ratio is currently 0.7 days.
CK Hutchison Stock Up 0.6 %
Shares of CKHUY traded up $0.04 during trading hours on Tuesday, hitting $6.43. 258,298 shares of the stock were exchanged, compared to its average volume of 103,289. The stock's 50-day moving average price is $6.15 and its two-hundred day moving average price is $5.87. CK Hutchison has a 12-month low of $4.81 and a 12-month high of $7.39.
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CK Hutchison Holdings Limited, an investment holding company, operates in ports and related services, retail, infrastructure, and telecommunications businesses worldwide. The company invests in, develops, and operates ports, which operate 291 berths in 52 ports spanning 26 countries; and provides logistics and transportation-related services, such as cruise ship terminals, distribution centers, rail services, and ship repair facilities.
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