Henderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 52,815 shares, a drop of 47.0% from the August 15th total of 99,676 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 202,958 shares, the days-to-cover ratio is currently 0.3 days.
Henderson Land Development Stock Performance
OTCMKTS HLDCY opened at $3.31 on Tuesday. The stock has a 50-day simple moving average of $3.51 and a 200 day simple moving average of $3.71. Henderson Land Development has a twelve month low of $3.08 and a twelve month high of $4.49. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.33 and a quick ratio of 3.33.
Henderson Land Development Company Profile
Henderson Land Development Co Ltd. is a Hong Kong-based property developer and investment company. Founded in 1976 by Lee Shau Kee, the company develops and manages residential, commercial and mixed-use properties, with activities spanning property sales, leasing and real estate investment.
The company’s portfolio includes residential communities, office buildings, shopping centers and other commercial projects. Henderson Land also has interests in hotel operations and infrastructure-related businesses through associated companies and subsidiaries.
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