Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY) Short Interest Update

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 18,736 shares, a decrease of 35.0% from the May 31st total of 28,822 shares. Based on an average daily volume of 76,246 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Hongkong Land Stock Down 1.7%

Shares of Hongkong Land stock opened at $35.46 on Thursday. The company has a current ratio of 8.35, a quick ratio of 8.35 and a debt-to-equity ratio of 0.19. Hongkong Land has a 12-month low of $28.47 and a 12-month high of $45.81. The firm’s 50-day moving average price is $38.41 and its two-hundred day moving average price is $39.54.

About Hongkong Land

Hongkong Land Holdings Limited (OTCMKTS: HNGKY) is a leading property investment, management and development group focused on premier real estate in Asia’s major financial centres. Established in 1889, the company specialises in owning, managing and developing a diversified portfolio that spans premium office towers, retail complexes, select residential schemes and hospitality assets.

The group’s flagship properties include landmark office developments such as Jardine House and Exchange Square in Central, Hong Kong, alongside The Landmark retail precinct.