Hongkong Land Holdings Limited (OTCMKTS:HNGKY - Get Free Report) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 900 shares, a growth of 28.6% from the December 15th total of 700 shares. Based on an average trading volume of 4,400 shares, the short-interest ratio is currently 0.2 days.
Hongkong Land Stock Performance
Shares of HNGKY traded up $0.89 during trading hours on Friday, reaching $21.72. 1,529 shares of the company's stock traded hands, compared to its average volume of 2,498. The firm's 50 day simple moving average is $22.51 and its 200-day simple moving average is $20.00. Hongkong Land has a 12 month low of $13.85 and a 12 month high of $25.26.
About Hongkong Land
(
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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.
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