Henderson Land Development Company Limited (OTCMKTS:HLDCY) Short Interest Update

Henderson Land Development Company Limited (OTCMKTS:HLDCY) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 9,800 shares, an increase of 92.2% from the August 15th total of 5,100 shares. Based on an average daily volume of 154,900 shares, the days-to-cover ratio is currently 0.1 days.

Henderson Land Development Stock Performance

Shares of OTCMKTS:HLDCY traded down $0.02 during mid-day trading on Friday, hitting $2.94. The company had a trading volume of 41,644 shares, compared to its average volume of 176,525. Henderson Land Development has a one year low of $2.42 and a one year high of $3.56. The firm has a fifty day moving average price of $2.84 and a 200 day moving average price of $2.93.

Henderson Land Development Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Wednesday, September 4th will be issued a dividend of $0.0514 per share. The ex-dividend date of this dividend is Wednesday, September 4th.

About Henderson Land Development

Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Hotel Room Operation, Other Businesses, and Utility and Energy segments.