China Merchants Port Holdings Company Limited (OTCMKTS:CMHHY – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a drop of 83.3% from the September 30th total of 600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 1.0 days.
China Merchants Port Price Performance
Shares of CMHHY stock traded up $2.61 on Friday, reaching $17.37. 10,709 shares of the company’s stock were exchanged, compared to its average volume of 2,767. China Merchants Port has a 52 week low of $12.11 and a 52 week high of $14.76. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.87 and a quick ratio of 0.86. The company’s fifty day simple moving average is $14.75 and its 200 day simple moving average is $14.11.
China Merchants Port Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, September 25th will be given a $0.2821 dividend. The ex-dividend date of this dividend is Wednesday, September 25th.
China Merchants Port Company Profile
China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Brazil, Hong Kong, Taiwan, and internationally. The company operates through Ports Operation, Bonded Logistics Operation, and Other Operations segments. It engages in the container, and bulk and general cargo terminal operation; logistic park operation, ports transportation, and airport cargo handling; and property development, holding, and investment activities.
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