Short Interest in Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY) Expands By 223.9%

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 60,682 shares, a growth of 223.9% from the June 15th total of 18,736 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 97,392 shares, the short-interest ratio is currently 0.6 days.

Hongkong Land Trading Down 1.6%

Shares of HNGKY stock traded down $0.58 during mid-day trading on Tuesday, reaching $35.62. The stock had a trading volume of 50,837 shares, compared to its average volume of 21,310. Hongkong Land has a 1-year low of $28.82 and a 1-year high of $45.81. The company has a quick ratio of 8.35, a current ratio of 8.35 and a debt-to-equity ratio of 0.19. The business’s fifty day moving average is $37.93 and its 200-day moving average is $39.58.

Hongkong Land Company Profile

Hongkong Land Holdings Limited (OTCMKTS: HNGKY) is a leading property investment, management and development group focused on premier real estate in Asia’s major financial centres. Established in 1889, the company specialises in owning, managing and developing a diversified portfolio that spans premium office towers, retail complexes, select residential schemes and hospitality assets.

The group’s flagship properties include landmark office developments such as Jardine House and Exchange Square in Central, Hong Kong, alongside The Landmark retail precinct.