Hang Lung Properties Limited (OTCMKTS:HLPPY) Short Interest Update

Hang Lung Properties Limited (OTCMKTS:HLPPY - Get Free Report) saw a significant decrease in short interest in May. As of May 15th, there was short interest totalling 100 shares, a decrease of 85.7% from the April 30th total of 700 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 18,600 shares, the days-to-cover ratio is currently 0.0 days.

Hang Lung Properties Stock Performance

HLPPY stock traded down $0.04 on Monday, reaching $3.85. The company's stock had a trading volume of 11,186 shares, compared to its average volume of 14,745. The business has a fifty day simple moving average of $3.94 and a two-hundred day simple moving average of $3.99. Hang Lung Properties has a 12-month low of $3.30 and a 12-month high of $5.49.

Hang Lung Properties Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Friday, May 9th will be given a $0.2374 dividend. This represents a dividend yield of 7.44%. This is a boost from Hang Lung Properties's previous dividend of $0.07. The ex-dividend date is Thursday, May 8th.

Hang Lung Properties Company Profile

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.