Henderson Land Development Co. (OTCMKTS:HLDCY) Sees Significant Increase in Short Interest

Henderson Land Development Co. (OTCMKTS:HLDCY) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 303,035 shares, a growth of 484.7% from the July 15th total of 51,830 shares. Based on an average trading volume of 182,082 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.0% of the shares of the company are short sold.

Henderson Land Development Stock Performance

OTCMKTS:HLDCY opened at $3.53 on Wednesday. Henderson Land Development has a 1 year low of $3.08 and a 1 year high of $4.49. The business has a fifty day moving average of $3.39 and a 200-day moving average of $3.79. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.33 and a quick ratio of 3.33.

About Henderson Land Development

Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.

The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.