Kerry Properties Limited (OTCMKTS:KRYPF – Get Rating) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 290,900 shares, a decrease of 5.5% from the March 31st total of 307,900 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is currently 290.9 days.
Kerry Properties Price Performance
Shares of OTCMKTS:KRYPF opened at $2.53 on Wednesday. Kerry Properties has a 52-week low of $1.83 and a 52-week high of $2.67. The business’s 50 day moving average is $2.51 and its 200 day moving average is $2.23.
Wall Street Analyst Weigh In
Separately, HSBC raised Kerry Properties from a “hold” rating to a “buy” rating in a research note on Wednesday, March 22nd.
Kerry Properties Company Profile
Kerry Properties Limited, an investment holding company, engages in the development, investment, management, and trading of properties in Hong Kong, Mainland China, and the Asia Pacific region. The company also owns and operates hotels; and offers logistics and international freight forwarding, consultancy, administrative support, project management, financial, IT system and consultancy, estate agency, and construction services.
Further Reading
- Get a free copy of the StockNews.com research report on Kerry Properties (KRYPF)
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