Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Sees Significant Decrease in Short Interest

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 21,276 shares, a drop of 88.6% from the September 15th total of 186,670 shares. Based on an average trading volume of 232,864 shares, the short-interest ratio is presently 0.1 days.

Hong Kong Exchanges and Clearing Stock Performance

Shares of HKXCY stock traded up $0.39 during trading hours on Friday, reaching $48.48. 78,879 shares of the company’s stock were exchanged, compared to its average volume of 136,433. The stock’s 50 day moving average is $51.19 and its 200-day moving average is $50.91. Hong Kong Exchanges and Clearing has a fifty-two week low of $45.74 and a fifty-two week high of $57.37.

Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.49 by $0.05. The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.01 billion.

About Hong Kong Exchanges and Clearing

Hong Kong Exchanges and Clearing Limited (HKEX) operates the financial-market infrastructure of Hong Kong. The company owns and operates the Stock Exchange of Hong Kong, Hong Kong Futures Exchange and Hong Kong Securities Clearing Company, providing trading, clearing, settlement and market data services across multiple asset classes.

HKEX supports markets for equities, exchange-traded funds, warrants, initial public offerings, equity derivatives, interest-rate and currency products, and commodities.