Short Interest in Haitong Securities Co., Ltd. (OTCMKTS:HTNGF) Declines By 9.7%

Haitong Securities Co., Ltd. (OTCMKTS:HTNGF) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 19,456,000 shares, a drop of 9.7% from the September 30th total of 21,542,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Haitong Securities Price Performance

Haitong Securities stock opened at $0.52 on Thursday. The firm’s 50 day simple moving average is $0.54 and its 200 day simple moving average is $0.58. Haitong Securities has a 1-year low of $0.52 and a 1-year high of $0.52.

Haitong Securities Company Profile

Haitong Securities Co, Ltd. operates as a securities company primarily in Mainland China, Hong Kong, and Europe. It operates through six segments: Wealth Management, Investment Banking, Asset Management, Trading and Institution, Finance Lease, and Others. The Wealth Management segment offers securities and futures brokering and dealing, investment consulting, and wealth management services; and financial services, such as margin financing, securities lending, stock pledge, etc.