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

Hongkong Land Holdings Limited (OTCMKTS:HNGKY) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totalling 2,300 shares, a decline of 68.1% from the June 30th total of 7,200 shares. Based on an average daily volume of 7,000 shares, the days-to-cover ratio is currently 0.3 days.

Hongkong Land Trading Down 2.7 %

Shares of OTCMKTS HNGKY traded down $0.46 during trading hours on Thursday, hitting $16.63. The company had a trading volume of 4,555 shares, compared to its average volume of 5,068. Hongkong Land has a 1-year low of $13.85 and a 1-year high of $18.78. The firm’s 50 day moving average is $16.69 and its 200-day moving average is $16.18.

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.