Short Interest in Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY) Declines By 54.9%

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKYGet Free Report) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 27,383 shares, a decline of 54.9% from the June 30th total of 60,682 shares. Based on an average trading volume of 62,071 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Hongkong Land Stock Performance

OTCMKTS:HNGKY traded up $1.87 during trading hours on Wednesday, hitting $41.22. 10,918 shares of the company traded hands, compared to its average volume of 21,018. The company has a debt-to-equity ratio of 0.19, a current ratio of 8.35 and a quick ratio of 8.35. Hongkong Land has a twelve month low of $28.82 and a twelve month high of $45.81. The firm has a 50-day moving average of $37.14 and a 200 day moving average of $39.80.

Hongkong Land Company Profile

(Get Free Report)

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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