Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Sees Significant Growth in Short Interest

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 134,705 shares, a growth of 123.5% from the August 15th total of 60,264 shares. Based on an average daily trading volume, of 282,253 shares, the short-interest ratio is presently 0.5 days.

Hong Kong Exchanges and Clearing Stock Performance

Shares of HKXCY stock traded up $0.46 during trading hours on Monday, hitting $50.50. 6,375 shares of the company were exchanged, compared to its average volume of 139,152. The company has a 50 day simple moving average of $51.55 and a two-hundred day simple moving average of $51.29. Hong Kong Exchanges and Clearing has a fifty-two week low of $45.74 and a fifty-two week high of $59.42.

Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY) last issued its earnings results on Wednesday, August 19th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.05. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.01 billion.

Hong Kong Exchanges and Clearing Company Profile

Hong Kong Exchanges and Clearing Limited (OTCMKTS: HKXCY) is one of Asia’s leading financial infrastructure providers, operating the primary securities and derivatives markets in Hong Kong. The company owns and manages the Stock Exchange of Hong Kong, Hong Kong Futures Exchange and the Hong Kong Securities Clearing Company, offering a comprehensive range of trading, clearing, settlement and depository services. Through its trading platforms, Hong Kong Exchanges and Clearing facilitates the issuance and trading of equities, exchange-traded funds, bonds and derivatives, catering to both institutional and retail investors.

In addition to its core securities and derivatives operations, Hong Kong Exchanges and Clearing provides market data, indices and technology solutions designed to enhance transparency and risk management.