Short Interest in Henderson Land Development Co. (OTCMKTS:HLDCY) Decreases By 67.1%

Henderson Land Development Co. (OTCMKTS:HLDCY) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 99,676 shares, a decline of 67.1% from the July 30th total of 303,035 shares. Based on an average trading volume of 170,367 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the shares of the stock are short sold.

Henderson Land Development Price Performance

Shares of HLDCY opened at $3.83 on Thursday. Henderson Land Development has a one year low of $3.08 and a one year high of $4.49. The business’s 50 day simple moving average is $3.44 and its 200-day simple moving average is $3.77. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.33 and a quick ratio of 3.33.

About Henderson Land Development

Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.

The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.