Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Short Interest Update

Hongkong Land Holdings Limited (OTCMKTS:HNGKY - Get Free Report) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 1,400 shares, a decline of 53.3% from the February 28th total of 3,000 shares. Based on an average daily volume of 6,100 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Hongkong Land Stock Performance

Shares of OTCMKTS:HNGKY traded down $0.25 on Tuesday, reaching $21.61. 1,838 shares of the company were exchanged, compared to its average volume of 2,959. Hongkong Land has a 1-year low of $13.85 and a 1-year high of $25.26. The company has a 50-day moving average of $22.05 and a 200-day moving average of $21.66.

Hongkong Land Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Friday, March 21st will be given a dividend of $0.85 per share. This is an increase from Hongkong Land's previous dividend of $0.26. The ex-dividend date is Friday, March 21st.

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.