Hang Lung Group Ltd. (OTCMKTS:HNLGY) Short Interest Update

Hang Lung Group Ltd. (OTCMKTS:HNLGY) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 499 shares, a decrease of 60.6% from the December 31st total of 1,265 shares. Based on an average trading volume of 173 shares, the days-to-cover ratio is presently 2.9 days. Based on an average trading volume of 173 shares, the days-to-cover ratio is presently 2.9 days.

Hang Lung Group Price Performance

Hang Lung Group stock opened at $11.00 on Friday. Hang Lung Group has a fifty-two week low of $6.38 and a fifty-two week high of $11.00. The company’s 50 day simple moving average is $10.05 and its 200 day simple moving average is $9.54.

About Hang Lung Group

Hang Lung Group is a Hong Kong–based property developer with a strategic focus on the investment, development and management of commercial real estate in Mainland China. The company’s portfolio encompasses large?scale retail malls, premium office towers and mixed?use complexes located primarily in major urban centres. Through an integrated approach to property development and asset management, Hang Lung Group aims to create landmark destinations that combine innovative design, high?quality construction and curated tenant mixes.

Established in 1960, Hang Lung Group has grown from a local developer into one of the region’s leading real estate enterprises serving key Chinese markets.