Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Sees Large Drop in Short Interest

Hongkong Land Holdings Limited (OTCMKTS:HNGKY) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 1,900 shares, a decline of 60.4% from the October 31st total of 4,800 shares. Based on an average trading volume of 4,800 shares, the short-interest ratio is presently 0.4 days.

Hongkong Land Stock Down 2.5 %

Shares of Hongkong Land stock opened at $22.76 on Friday. The business has a fifty day simple moving average of $21.30 and a 200 day simple moving average of $18.63. Hongkong Land has a 12 month low of $13.85 and a 12 month high of $25.26.

About Hongkong Land

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.