Short Interest in Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY) Declines By 54.9%

Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 27,383 shares, a drop of 54.9% from the June 30th total of 60,682 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 62,071 shares, the short-interest ratio is currently 0.4 days.

Hongkong Land Price Performance

Shares of HNGKY opened at $41.22 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 8.35 and a quick ratio of 8.35. Hongkong Land has a 1-year low of $28.82 and a 1-year high of $45.81. The company’s fifty day moving average price is $37.17 and its 200-day moving average price is $39.83.

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.