Sun Hung Kai & Co. Limited (OTCMKTS:SHGKY) Sees Large Increase in Short Interest

Sun Hung Kai & Co. Limited (OTCMKTS:SHGKY – Get Rating) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totalling 13,100 shares, an increase of 13,000.0% from the April 30th total of 100 shares. Based on an average daily volume of 19,900 shares, the short-interest ratio is presently 0.7 days.

Sun Hung Kai & Co. Limited Trading Up 1.5 %

Shares of SHGKY stock opened at $1.36 on Friday. The firm has a fifty day moving average price of $1.79 and a 200 day moving average price of $1.85. Sun Hung Kai & Co. Limited has a 12 month low of $1.29 and a 12 month high of $4.00.

About Sun Hung Kai & Co. Limited

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Sun Hung Kai & Co Limited, an investment holding company, provides financial services in Hong Kong and the People's Republic of China. The company operates through Consumer Finance, Private Credit, Mortgage Loans, Investment Management, and Group Management and Support segments. It offers unsecured loan to individuals and businesses through branches and online platforms; funding solutions to corporates, investment funds, and high net worth individuals; and first mortgage and second mortgage loans to property owners, as well as customized financing solutions to property investors.