Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY) Sees Large Decrease in Short Interest

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 27,383 shares, a drop of 54.9% from the June 30th total of 60,682 shares. Based on an average trading volume of 62,071 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Hongkong Land Stock Down 0.7%

OTCMKTS:HNGKY traded down $0.27 during trading hours on Tuesday, hitting $39.35. The company had a trading volume of 13,339 shares, compared to its average volume of 21,110. The company has a debt-to-equity ratio of 0.19, a quick ratio of 8.35 and a current ratio of 8.35. The stock has a 50-day moving average price of $37.15 and a 200 day moving average price of $39.78. Hongkong Land has a 52 week low of $28.82 and a 52 week high of $45.81.

Hongkong Land Company Profile

Hongkong Land Holdings Limited (OTCMKTS: HNGKY) is a leading property investment, management and development group focused on premier real estate in Asia’s major financial centres. Established in 1889, the company specialises in owning, managing and developing a diversified portfolio that spans premium office towers, retail complexes, select residential schemes and hospitality assets.

The group’s flagship properties include landmark office developments such as Jardine House and Exchange Square in Central, Hong Kong, alongside The Landmark retail precinct.