Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Short Interest Up 109.8% in May

Hongkong Land Holdings Limited (OTCMKTS:HNGKYGet Free Report) was the target of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 8,600 shares, a growth of 109.8% from the May 15th total of 4,100 shares. Based on an average daily trading volume, of 9,200 shares, the days-to-cover ratio is presently 0.9 days.

Hongkong Land Trading Down 1.6 %

Shares of Hongkong Land stock traded down $0.26 during trading on Friday, reaching $16.44. The company’s stock had a trading volume of 2,003 shares, compared to its average volume of 3,814. The business’s fifty day moving average price is $16.21 and its 200-day moving average price is $16.23. Hongkong Land has a one year low of $13.85 and a one year high of $20.79.

Hongkong Land Company Profile

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.

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