Sun Hung Kai Properties Limited (OTCMKTS:SUHJY – Get Free Report) was the target of a significant drop in short interest in November. As of November 30th, there was short interest totalling 7,900 shares, a drop of 95.4% from the November 15th total of 171,600 shares. Based on an average daily volume of 207,500 shares, the short-interest ratio is currently 0.0 days.
Sun Hung Kai Properties Price Performance
Shares of OTCMKTS SUHJY traded down $0.23 on Wednesday, reaching $9.86. 73,930 shares of the company’s stock traded hands, compared to its average volume of 177,799. The business’s 50 day simple moving average is $10.61 and its two-hundred day simple moving average is $9.82. Sun Hung Kai Properties has a 12 month low of $8.35 and a 12 month high of $12.00.
Sun Hung Kai Properties Increases Dividend
The company also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.3391 per share. This is a boost from Sun Hung Kai Properties’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a dividend 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.
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