Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Sees Large Decline in Short Interest

Hongkong Land Holdings Limited (OTCMKTS:HNGKY) was the recipient of a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 1,700 shares, a decline of 10.5% from the November 15th total of 1,900 shares. Based on an average trading volume of 7,700 shares, the days-to-cover ratio is presently 0.2 days.

Hongkong Land Stock Up 1.0 %

HNGKY stock opened at $22.89 on Tuesday. Hongkong Land has a 1 year low of $13.85 and a 1 year high of $25.26. The company has a fifty day simple moving average of $22.18 and a 200 day simple moving average of $19.11.

About Hongkong Land

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.