Hang Lung Properties Ltd. (OTCMKTS:HLPPY) Short Interest Update

Hang Lung Properties Ltd. (OTCMKTS:HLPPY) saw a significant decline in short interest in the month of 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. Based on an average daily volume of 4,237 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,237 shares, the short-interest ratio is presently 0.2 days.

Hang Lung Properties Stock Down 2.8%

Hang Lung Properties stock traded down $0.18 during mid-day trading on Thursday, reaching $6.34. The company’s stock had a trading volume of 1,479 shares, compared to its average volume of 2,804. The firm’s fifty day moving average price is $5.94 and its two-hundred day moving average price is $5.69. Hang Lung Properties has a 12-month low of $3.51 and a 12-month high of $6.52.

Hang Lung Properties Company Profile

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.