Hang Lung Properties Limited (OTCMKTS:HLPPY - Get Free Report) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 98,100 shares, a growth of 9,710.0% from the March 15th total of 1,000 shares. Based on an average daily trading volume, of 488,900 shares, the days-to-cover ratio is presently 0.2 days.
Hang Lung Properties Price Performance
Shares of OTCMKTS HLPPY traded down $0.21 during midday trading on Friday, hitting $5.15. 144,786 shares of the company's stock were exchanged, compared to its average volume of 248,673. Hang Lung Properties has a twelve month low of $5.00 and a twelve month high of $9.55. The firm's fifty day simple moving average is $5.33 and its 200-day simple moving average is $6.23.
Hang Lung Properties Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, June 24th. Stockholders of record on Wednesday, May 8th will be given a dividend of $0.3638 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This is a positive change from Hang Lung Properties's previous dividend of $0.10.
Hang Lung Properties Company Profile
(
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Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.
Further Reading
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