CK Asset Holdings Limited (OTCMKTS:CHKGF) Short Interest Down 62.5% in May

CK Asset Holdings Limited (OTCMKTS:CHKGF) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 79,597 shares, a drop of 62.5% from the April 30th total of 212,210 shares. Based on an average trading volume of 153 shares, the days-to-cover ratio is presently 520.2 days.

CK Asset Price Performance

Shares of OTCMKTS:CHKGF opened at $6.00 on Friday. The firm has a fifty day moving average of $6.05 and a two-hundred day moving average of $5.52. CK Asset has a 12-month low of $3.74 and a 12-month high of $6.81.

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.