Short Interest in Hang Lung Properties Limited (OTCMKTS:HLPPY) Declines By 49.2%

Hang Lung Properties Limited (OTCMKTS:HLPPY) was the recipient of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 6,600 shares, a drop of 49.2% from the October 31st total of 13,000 shares. Based on an average trading volume of 82,300 shares, the days-to-cover ratio is presently 0.1 days.

Hang Lung Properties Price Performance

HLPPY stock traded up $0.09 during trading on Thursday, reaching $3.97. 2,971 shares of the stock traded hands, compared to its average volume of 193,465. The business’s 50 day moving average price is $4.24 and its 200-day moving average price is $4.15. Hang Lung Properties has a 52-week low of $3.30 and a 52-week high of $7.37.

About Hang Lung Properties

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.