Short Interest in Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Decreases By 42.9%

Hongkong Land Holdings Limited (OTCMKTS:HNGKY - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 800 shares, a drop of 42.9% from the March 15th total of 1,400 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is currently 0.2 days.

Hongkong Land Stock Up 0.9 %

Shares of OTCMKTS HNGKY traded up $0.18 during trading hours on Monday, reaching $21.00. The stock had a trading volume of 11,920 shares, compared to its average volume of 3,385. Hongkong Land has a fifty-two week low of $14.60 and a fifty-two week high of $25.26. The firm has a 50-day moving average of $21.85 and a 200-day moving average of $21.91.

Hongkong Land Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 21st. Investors of record on Friday, March 21st will be paid a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, March 21st. This is a boost from Hongkong Land's previous dividend of $0.26.

Hongkong Land Company Profile

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.