Short Interest in Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Decreases By 18.5%

Hongkong Land Holdings Limited (OTCMKTS:HNGKYGet Free Report) saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 2,200 shares, a decrease of 18.5% from the September 15th total of 2,700 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is currently 0.5 days.

Hongkong Land Stock Performance

OTCMKTS HNGKY traded down $0.50 during trading hours on Tuesday, hitting $19.76. The company had a trading volume of 616 shares, compared to its average volume of 4,277. Hongkong Land has a 1-year low of $13.85 and a 1-year high of $21.71. The business has a 50 day moving average of $18.61 and a 200-day moving average of $17.10.

Hongkong Land Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, October 23rd. Shareholders of record on Friday, August 23rd will be paid a $0.264 dividend. The ex-dividend date is Friday, August 23rd.

About Hongkong Land

(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.

Further Reading

Receive News & Ratings for Hongkong Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hongkong Land and related companies with MarketBeat.com's FREE daily email newsletter.