Henderson Land Development Company Limited (OTCMKTS:HLDCY) Short Interest Up 92.2% in August

Henderson Land Development Company Limited (OTCMKTS:HLDCY) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 9,800 shares, an increase of 92.2% from the August 15th total of 5,100 shares. Based on an average daily trading volume, of 154,900 shares, the days-to-cover ratio is presently 0.1 days.

Henderson Land Development Price Performance

Shares of HLDCY stock traded down $0.02 during trading hours on Friday, reaching $2.94. The company had a trading volume of 41,644 shares, compared to its average volume of 176,525. Henderson Land Development has a twelve month low of $2.42 and a twelve month high of $3.56. The stock’s fifty day simple moving average is $2.85 and its 200 day simple moving average is $2.93.

Henderson Land Development Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Wednesday, September 4th will be paid a $0.0514 dividend. The ex-dividend date of this dividend is Wednesday, September 4th.

About Henderson Land Development

Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Hotel Room Operation, Other Businesses, and Utility and Energy segments.