Short Interest in Hang Lung Properties Ltd. (OTCMKTS:HLPPY) Drops By 75.6%

Hang Lung Properties Ltd. (OTCMKTS:HLPPY) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 763 shares, a decline of 75.6% from the January 29th total of 3,128 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 4,237 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 4,237 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Hang Lung Properties Stock Up 2.4%

OTCMKTS:HLPPY traded up $0.15 on Friday, reaching $6.49. The company’s stock had a trading volume of 337 shares, compared to its average volume of 2,242. The business’s 50-day moving average price is $5.97 and its two-hundred day moving average price is $5.70. Hang Lung Properties has a 1-year low of $3.51 and a 1-year high of $6.52.

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.