Hongkong Land Holdings Limited (OTCMKTS:HNGKY - Get Free Report) saw a large increase in short interest during the month of 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. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 8,000 shares, the short-interest ratio is currently 0.2 days.
Hongkong Land Price Performance
OTCMKTS HNGKY traded down $0.51 during mid-day trading on Monday, reaching $28.51. The stock had a trading volume of 1,858 shares, compared to its average volume of 4,217. Hongkong Land has a 1 year low of $15.41 and a 1 year high of $29.40. The company has a fifty day moving average price of $24.67 and a 200 day moving average price of $22.97.
About Hongkong Land
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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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