Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY – Get Free Report) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 18,736 shares, a decline of 35.0% from the May 31st total of 28,822 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 76,246 shares, the days-to-cover ratio is currently 0.2 days.
Hongkong Land Price Performance
OTCMKTS:HNGKY opened at $35.54 on Friday. The stock’s 50-day moving average price is $38.33 and its 200-day moving average price is $39.54. The company has a debt-to-equity ratio of 0.19, a quick ratio of 8.35 and a current ratio of 8.35. Hongkong Land has a 52 week low of $28.47 and a 52 week high of $45.81.
About Hongkong Land
Hongkong Land Holdings Limited (OTCMKTS: HNGKY) is a leading property investment, management and development group focused on premier real estate in Asia’s major financial centres. Established in 1889, the company specialises in owning, managing and developing a diversified portfolio that spans premium office towers, retail complexes, select residential schemes and hospitality assets.
The group’s flagship properties include landmark office developments such as Jardine House and Exchange Square in Central, Hong Kong, alongside The Landmark retail precinct.
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