Hang Lung Properties Limited (OTCMKTS:HLPPY) Sees Significant Increase in Short Interest

Hang Lung Properties Limited (OTCMKTS:HLPPY) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,400 shares, an increase of 2,300.0% from the November 30th total of 100 shares. Based on an average daily volume of 42,800 shares, the days-to-cover ratio is presently 0.1 days.

Hang Lung Properties Stock Performance

Shares of Hang Lung Properties stock traded down $0.03 during trading on Thursday, reaching $3.99. The company’s stock had a trading volume of 15,211 shares, compared to its average volume of 180,495. The company has a 50-day moving average price of $4.11 and a two-hundred day moving average price of $4.04. Hang Lung Properties has a fifty-two week low of $3.30 and a fifty-two week high of $7.08.

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.