Henderson Land Development Co. (OTCMKTS:HLDCY) Short Interest Up 264.7% in December

Henderson Land Development Co. (OTCMKTS:HLDCY) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 3,647 shares, a growth of 264.7% from the December 15th total of 1,000 shares. Based on an average daily trading volume, of 29,009 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 29,009 shares, the days-to-cover ratio is presently 0.1 days.

Henderson Land Development Stock Performance

HLDCY stock opened at $3.92 on Thursday. The company has a 50-day moving average of $3.73 and a two-hundred day moving average of $3.56. Henderson Land Development has a 52-week low of $2.47 and a 52-week high of $4.00.

Henderson Land Development Company Profile

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.