Short Interest in Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Grows By 28.6%

Hongkong Land Holdings Limited (OTCMKTS:HNGKY) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 900 shares, a growth of 28.6% from the December 15th total of 700 shares. Based on an average trading volume of 4,400 shares, the short-interest ratio is presently 0.2 days.

Hongkong Land Stock Up 4.3 %

Shares of Hongkong Land stock traded up $0.89 during trading on Friday, reaching $21.72. 1,529 shares of the company were exchanged, compared to its average volume of 2,498. Hongkong Land has a twelve month low of $13.85 and a twelve month high of $25.26. The business has a 50-day moving average price of $22.51 and a 200-day moving average price of $19.94.

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.