CK Asset Holdings Limited (OTCMKTS:CHKGF) Sees Significant Decrease in Short Interest
by Kim Johansen · The Markets DailyCK Asset Holdings Limited (OTCMKTS:CHKGF – Get Free Report) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 353,504 shares, a drop of 59.4% from the May 31st total of 870,055 shares. Based on an average daily volume of 9,586 shares, the short-interest ratio is currently 36.9 days.
CK Asset Price Performance
Shares of CHKGF opened at $5.89 on Tuesday. The company has a 50 day moving average price of $6.14 and a 200-day moving average price of $5.70. CK Asset has a fifty-two week low of $4.19 and a fifty-two week high of $6.80.
CK Asset Company Profile
CK Asset Holdings Limited (OTCMKTS:CHKGF) is a Hong Kong–based property developer and investor engaged in a diversified range of real estate activities. The company’s core operations include the development and sale of residential, office, retail and car‐parking properties in Hong Kong and mainland China. Building on its strong local presence, CK Asset also extends its property investment portfolio to strategic markets in the United Kingdom, Australia and Singapore.
In addition to its development business, CK Asset operates a property investment and hotel management segment that owns and manages commercial, retail and hospitality assets.