Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get 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
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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