Short Interest in Hang Lung Group Limited (OTCMKTS:HNLGY) Rises By 11.1%

Hang Lung Group Limited (OTCMKTS:HNLGY) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 1,000 shares, a growth of 11.1% from the September 30th total of 900 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 1.1 days.

Hang Lung Group Price Performance

Shares of OTCMKTS HNLGY remained flat at $6.45 during trading hours on Thursday. Hang Lung Group has a twelve month low of $5.28 and a twelve month high of $7.56. The business’s 50 day simple moving average is $6.20 and its 200-day simple moving average is $5.88.

About Hang Lung Group

Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and the Mainland of China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments.