Power Assets Holdings Limited (OTCMKTS:HGKGY – Get Free Report) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 28,500 shares, a growth of 3,971.4% from the September 30th total of 700 shares. Based on an average daily volume of 25,000 shares, the short-interest ratio is currently 1.1 days.
Power Assets Stock Performance
HGKGY opened at $6.61 on Friday. The stock has a fifty day moving average of $6.65 and a 200-day moving average of $6.11. Power Assets has a 12-month low of $4.63 and a 12-month high of $7.18.
Power Assets Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, October 1st. Stockholders of record on Thursday, September 12th were issued a $0.0801 dividend. The ex-dividend date of this dividend was Thursday, September 12th.
Power Assets Company Profile
Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.
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