Hutchison Telecommunications Hong Kong Holdings Limited (OTCMKTS:HUTCY) Sees Large Drop in Short Interest

by · The Cerbat Gem

Hutchison Telecommunications Hong Kong Holdings Limited (OTCMKTS:HUTCY – Get Free Report) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 33 shares, a drop of 95.9% from the July 30th total of 805 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 0.0 days.

Hutchison Telecommunications Hong Kong Stock Performance

HUTCY stock remained flat at $1.90 during midday trading on Wednesday. The stock has a fifty day moving average price of $2.09 and a 200 day moving average price of $2.13. Hutchison Telecommunications Hong Kong has a one year low of $1.60 and a one year high of $2.47.

Hutchison Telecommunications Hong Kong Company Profile

(Get Free Report)

Hutchison Telecommunications Hong Kong Holdings Limited, an investment holding company, provides mobile communication services. It offers 4G long term evolution, 3G, and GSM dual-band mobile telecommunications under the 3 brand name. The company also provides voice services, including local, international direct dialing (IDD), and international roaming; 5G, wireless Internet access, international MMS, and SMS, as well as downloadable infotainment services; digital lifestyle and roaming services; 5G broadband, telemedicine, dietitian consultation, FinTech, gaming, and music applications; data plans; and develops business and corporate solutions comprising mobile business, information technology, smart city, Internet of Things, and big data.

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