Hongkong Land Holdings Limited (OTCMKTS:HNGKY - Get Free Report) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 5,800 shares, a growth of 383.3% from the January 15th total of 1,200 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is presently 1.2 days.
Hongkong Land Price Performance
Shares of OTCMKTS:HNGKY traded up $0.66 on Friday, reaching $21.65. 1,332 shares of the company traded hands, compared to its average volume of 2,525. Hongkong Land has a fifty-two week low of $13.85 and a fifty-two week high of $25.26. The company's 50 day moving average is $21.85 and its 200-day moving average is $20.65.
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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