Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY) Short Interest Up 59.1% in July

Key Points

• Hongkong Land Holdings Ltd. experienced a notable increase in short interest, rising by 59.1% in July, with totals reaching 10,500 shares as of July 31st.
• The stock price of Hongkong Land declined by 2.3%, trading at $30.38, marking a significant decrease from its 12-month high of $34.19.
• The company's debt-to-equity ratio is 0.18, indicating a relatively low level of debt compared to equity, with a current ratio and quick ratio both at 1.30.

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY - ) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 10,500 shares, agrowthof59.1% from the July 15th total of 6,600 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 2.3 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 2.3 days.

Hongkong Land Stock Down 2.3%

Hongkong Land stock traded down $0.72 during mid-day trading on Monday, hitting $30.38. The stock had a trading volume of 3,131 shares, compared to its average volume of 3,511. Hongkong Land has a 12 month low of $17.72 and a 12 month high of $34.19. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.30 and a quick ratio of 1.30. The stock has a 50-day simple moving average of $30.65 and a two-hundred day simple moving average of $25.75.

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.

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