Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Short Interest Update

Hongkong Land Holdings Limited (OTCMKTS:HNGKY - Get Free Report) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 1,600 shares, an increase of 128.6% from the May 15th total of 700 shares. Based on an average daily volume of 8,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

Hongkong Land Stock Performance

Shares of Hongkong Land stock traded down $0.22 during midday trading on Friday, reaching $29.02. The company had a trading volume of 2,676 shares, compared to its average volume of 4,239. The stock has a fifty day simple moving average of $24.50 and a 200 day simple moving average of $22.94. Hongkong Land has a 1-year low of $15.41 and a 1-year high of $29.40.

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.