Henderson Land Development Company Limited (OTCMKTS:HLDCY) Sees Large Increase in Short Interest

Henderson Land Development Company Limited (OTCMKTS:HLDCY - Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 12,600 shares, a growth of 48.2% from the September 30th total of 8,500 shares. Based on an average trading volume of 111,600 shares, the days-to-cover ratio is currently 0.1 days.

Henderson Land Development Trading Down 1.8 %

Shares of Henderson Land Development stock traded down $0.06 during trading on Tuesday, hitting $3.20. 63,122 shares of the company's stock traded hands, compared to its average volume of 157,942. Henderson Land Development has a 1 year low of $2.58 and a 1 year high of $3.56. The business has a 50-day simple moving average of $3.13 and a 200-day simple moving average of $3.00.

Henderson Land Development Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, September 24th. Shareholders of record on Wednesday, September 4th were given a $0.0514 dividend. The ex-dividend date of this dividend was Wednesday, September 4th.

Henderson Land Development Company Profile

Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Hotel Room Operation, Other Businesses, and Utility and Energy segments.