Henderson Land Development Co. (OTCMKTS:HLDCY) Sees Significant Increase in Short Interest

Henderson Land Development Co. (OTCMKTS:HLDCYGet Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 51,830 shares, a growth of ∞ from the June 30th total of 0 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 264,147 shares, the days-to-cover ratio is currently 0.2 days.

Henderson Land Development Trading Down 0.3%

OTCMKTS:HLDCY opened at $3.68 on Thursday. The business has a 50 day moving average of $3.45 and a 200 day moving average of $3.81. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.33 and a current ratio of 3.33. Henderson Land Development has a 1-year low of $3.08 and a 1-year high of $4.49.

About Henderson Land Development

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Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.

The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.

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