Hang Lung Group Limited (OTCMKTS:HNLGY) Sees Large Growth in Short Interest

Hang Lung Group Limited (OTCMKTS:HNLGY) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 1,000 shares, an increase of 11.1% from the September 30th total of 900 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is currently 1.1 days.

Hang Lung Group Stock Performance

Shares of HNLGY stock opened at $6.45 on Thursday. Hang Lung Group has a fifty-two week low of $5.28 and a fifty-two week high of $7.56. The business has a fifty day simple moving average of $6.20 and a 200-day simple moving average of $5.88.

About Hang Lung Group

Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and the Mainland of China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments.