Hang Lung Group Ltd. (OTCMKTS:HNLGY – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 63 shares, a decline of 46.6% from the August 31st total of 118 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 370 shares, the days-to-cover ratio is currently 0.2 days.
Hang Lung Group Price Performance
Hang Lung Group stock remained flat at $7.93 during trading hours on Thursday. The company’s stock had a trading volume of 2 shares, compared to its average volume of 144. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.32. The firm has a 50 day moving average price of $8.19 and a 200-day moving average price of $9.13. Hang Lung Group has a 52-week low of $7.64 and a 52-week high of $11.70.
About Hang Lung Group
Hang Lung Group Limited is a Hong Kong-based property investment and development company. Its principal subsidiary, Hang Lung Properties Limited, develops, owns and manages commercial and residential real estate, with a portfolio that includes shopping malls, office buildings, hotels and luxury residential properties.
The group operates primarily in Hong Kong and mainland China. Its mainland projects are concentrated in major cities, including Shanghai, Shenyang, Jinan, Wuxi, Kunming and Wuhan.
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