Hang Lung Group Ltd. (OTCMKTS:HNLGY – Get Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,443 shares, an increase of ? from the July 15th total of 0 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,910 shares, the short-interest ratio is currently 0.8 days.
Hang Lung Group Price Performance
Shares of HNLGY opened at $8.51 on Friday. The stock has a fifty day moving average price of $8.54 and a 200 day moving average price of $9.79. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.62 and a current ratio of 0.62. Hang Lung Group has a 12 month low of $7.86 and a 12 month high of $11.70.
Hang Lung Group Company Profile
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.
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