Hang Lung Properties Ltd. (OTCMKTS:HLPPY) Short Interest Update

Hang Lung Properties Ltd. (OTCMKTS:HLPPY) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 3,128 shares, an increase of 1,368.5% from the January 15th total of 213 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 5,852 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 5,852 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are sold short.

Hang Lung Properties Stock Performance

Shares of HLPPY traded up $0.19 during midday trading on Wednesday, hitting $6.36. The stock had a trading volume of 1,362 shares, compared to its average volume of 2,573. The company has a 50 day simple moving average of $5.83 and a two-hundred day simple moving average of $5.60. Hang Lung Properties has a twelve month low of $3.51 and a twelve month high of $6.36.

About Hang Lung Properties

Hang Lung Properties is a Hong Kong–based real estate developer specializing in the investment, development and management of premium commercial and residential properties. With a primary focus on Grade A office towers, high-end shopping malls and upscale residential complexes, the company has established a reputation for delivering landmark projects that emphasize architectural quality and tenant experience.

Founded in the late 20th century as a spin-off from Hang Lung Group, Hang Lung Properties listed on the Hong Kong Stock Exchange in the early 1990s and soon thereafter embarked on an expansion into Mainland China.