Short Interest in Sinotruk (Hong Kong) Limited (OTCMKTS:SHKLY) Drops By 80.0%

Sinotruk (Hong Kong) Limited (OTCMKTS:SHKLY) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 100 shares, a decline of 80.0% from the August 31st total of 500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 1.0 days.

Sinotruk (Hong Kong) Stock Performance

Shares of SHKLY stock opened at $141.82 on Thursday. The firm has a fifty day simple moving average of $145.14 and a two-hundred day simple moving average of $134.83. Sinotruk has a 12 month low of $119.30 and a 12 month high of $147.85.

Sinotruk (Hong Kong) Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 5th. Stockholders of record on Thursday, September 11th will be given a dividend of $4.2021 per share. The ex-dividend date of this dividend is Wednesday, September 10th. This is a boost from Sinotruk (Hong Kong)’s previous dividend of $3.08. This represents a dividend yield of 497.0%. Sinotruk (Hong Kong)’s payout ratio is presently 18.11%.

About Sinotruk (Hong Kong)

Sinotruk (Hong Kong) Limited, an investment holding company, engages in the research, development, manufacture, and sale of heavy-duty trucks (HDT), medium-heavy duty trucks, light duty trucks (LDT), buses, and related parts and components in Mainland China and internationally. The company operates through four segments: Heavy Duty Trucks, Light Duty Trucks and Others, Engines, and Finance.