Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Short Interest Update

Hongkong Land Holdings Limited (OTCMKTS:HNGKY) was the target of a large drop in short interest in June. As of June 15th, there was short interest totalling 5,500 shares, a drop of 36.0% from the May 31st total of 8,600 shares. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is currently 0.9 days.

Hongkong Land Price Performance

Shares of OTCMKTS:HNGKY opened at $16.59 on Monday. Hongkong Land has a 52 week low of $13.85 and a 52 week high of $20.07. The firm has a fifty day simple moving average of $16.50 and a two-hundred day simple moving average of $16.23.

Hongkong Land Company Profile

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.