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

Hongkong Land Holdings Limited (OTCMKTS:HNGKY) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 4,800 shares, a growth of 140.0% from the October 15th total of 2,000 shares. Based on an average trading volume of 42,000 shares, the short-interest ratio is presently 0.1 days.

Hongkong Land Stock Performance

Shares of OTCMKTS:HNGKY traded down $0.41 during trading on Friday, reaching $23.28. The stock had a trading volume of 3,152 shares, compared to its average volume of 5,099. Hongkong Land has a 52 week low of $13.85 and a 52 week high of $25.26. The business’s 50-day moving average price is $20.28 and its 200 day moving average price is $18.08.

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.