Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY) Sees Large Increase in Short Interest

Key Points

• Hongkong Land Holdings Ltd. experienced a significant increase in short interest, with a rise of 187.0% from June to July, totaling 6,600 shares by July 15th.
• The company's stock opened at $31.75, showing a 1.0% increase, with a current ratio and quick ratio both at 1.30.
• Hongkong Land manages approximately 850,000 square meters of office and luxury retail properties, primarily located in major cities including Hong Kong, Singapore, and Beijing.

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY - ) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 6,600 shares, agrowthof187.0% from the June 30th total of 2,300 shares. Based on an average daily volume of 8,600 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 8,600 shares, the short-interest ratio is presently 0.8 days.

Hongkong Land Stock Up 1.0%

Shares of Hongkong Land stock opened at $31.75 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.30 and a current ratio of 1.30. Hongkong Land has a 1 year low of $15.75 and a 1 year high of $34.19. The business has a 50 day moving average price of $29.82 and a 200 day moving average price of $25.04.

About Hongkong Land

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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