Hang Lung Group Limited (OTCMKTS:HNLGY) Short Interest Up 30.0% in April

Hang Lung Group Limited (OTCMKTS:HNLGY - Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,300 shares, an increase of 30.0% from the March 31st total of 1,000 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 400 shares, the short-interest ratio is currently 3.3 days.

Hang Lung Group Stock Performance

Shares of Hang Lung Group stock opened at $7.00 on Friday. The business's fifty day moving average price is $6.87 and its 200 day moving average price is $6.72. Hang Lung Group has a twelve month low of $5.28 and a twelve month high of $7.56.

Hang Lung Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 26th. Shareholders of record on Friday, May 9th will be paid a dividend of $0.3991 per share. This represents a dividend yield of 7.39%. The ex-dividend date of this dividend is Thursday, May 8th. This is a boost from Hang Lung Group's previous dividend of $0.12.

Hang Lung Group Company Profile

Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and the Mainland of China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments.

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