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

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

Hongkong Land Trading Down 1.7 %

Shares of OTCMKTS HNGKY traded down $0.41 during midday trading on Friday, reaching $23.28. The company had a trading volume of 3,152 shares, compared to its average volume of 5,099. Hongkong Land has a 1 year low of $13.85 and a 1 year high of $25.26. The business’s 50-day simple moving average is $20.28 and its 200 day simple moving average 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.