Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Short Interest Update

Hongkong Land Holdings Limited (OTCMKTS:HNGKY) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 1,900 shares, a drop of 60.4% from the October 31st total of 4,800 shares. Based on an average daily trading volume, of 4,800 shares, the days-to-cover ratio is currently 0.4 days.

Hongkong Land Trading Down 0.9 %

Shares of OTCMKTS HNGKY traded down $0.22 during trading hours on Thursday, hitting $23.33. 6,159 shares of the stock were exchanged, compared to its average volume of 5,054. Hongkong Land has a 12 month low of $13.85 and a 12 month high of $25.26. The firm has a fifty day moving average price of $21.11 and a 200-day moving average price of $18.55.

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.