Hang Lung Group Ltd. (OTCMKTS:HNLGY) Short Interest Down 54.6% in May

Hang Lung Group Ltd. (OTCMKTS:HNLGY) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 49 shares, a decline of 54.6% from the May 14th total of 108 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 134 shares, the days-to-cover ratio is currently 0.4 days.

Hang Lung Group Stock Performance

Shares of HNLGY traded down $0.01 during mid-day trading on Monday, hitting $8.83. The stock had a trading volume of 1,723 shares, compared to its average volume of 100. The business has a fifty day moving average price of $10.15 and a 200-day moving average price of $10.25. Hang Lung Group has a 52 week low of $8.17 and a 52 week high of $11.70.

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.