Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Sees Large Drop in Short Interest

Hongkong Land Holdings Limited (OTCMKTS:HNGKYGet Free Report) was the target of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 1,900 shares, a decrease of 60.4% from the October 31st total of 4,800 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is currently 0.4 days.

Hongkong Land Stock Down 2.5 %

Shares of HNGKY stock opened at $22.76 on Friday. Hongkong Land has a one year low of $13.85 and a one year high of $25.26. The stock has a fifty day moving average price of $21.30 and a 200 day moving average price of $18.63.

Hongkong Land Company Profile

(Get Free Report)

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.

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