Short Interest in Hang Lung Properties Ltd. (OTCMKTS:HLPPY) Increases By 5,300.0%

Key Points

• Short interest in Hang Lung Properties Ltd. surged by 5,300.0%, increasing from 100 shares at the end of June to 5,400 shares by July 15th.
• The short-interest ratio is currently 0.4 days, based on an average daily trading volume of 12,100 shares.
• As of the latest trading session, Hang Lung Properties' stock is priced at $5.17, with a 52-week range between $3.30 and $5.49.

Hang Lung Properties Ltd. (OTCMKTS:HLPPY - ) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 5,400 shares, anincreaseof5,300.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 12,100 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 12,100 shares, the short-interest ratio is currently 0.4 days.

Hang Lung Properties Stock Performance

Shares of Hang Lung Properties stock traded up $0.01 during trading on Friday, hitting $5.17. 7,329 shares of the stock traded hands, compared to its average volume of 14,785. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.72 and a current ratio of 0.72. Hang Lung Properties has a 52-week low of $3.30 and a 52-week high of $5.49. The stock's fifty day simple moving average is $4.47 and its 200 day simple moving average is $4.17.

About Hang Lung Properties

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.

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