Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY – Get Free Report) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 10,198 shares, a drop of 75.5% from the November 30th total of 41,594 shares. Based on an average trading volume of 168,034 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 168,034 shares, the days-to-cover ratio is currently 0.1 days.
Hong Kong Exchanges and Clearing Trading Up 1.1%
Shares of OTCMKTS HKXCY traded up $0.56 during mid-day trading on Thursday, reaching $52.93. 71,747 shares of the company were exchanged, compared to its average volume of 162,184. Hong Kong Exchanges and Clearing has a 1 year low of $35.11 and a 1 year high of $59.49. The firm has a 50-day moving average of $53.77 and a 200 day moving average of $54.78.
About Hong Kong Exchanges and Clearing
Hong Kong Exchanges and Clearing Limited (OTCMKTS: HKXCY) is one of Asia’s leading financial infrastructure providers, operating the primary securities and derivatives markets in Hong Kong. The company owns and manages the Stock Exchange of Hong Kong, Hong Kong Futures Exchange and the Hong Kong Securities Clearing Company, offering a comprehensive range of trading, clearing, settlement and depository services. Through its trading platforms, Hong Kong Exchanges and Clearing facilitates the issuance and trading of equities, exchange-traded funds, bonds and derivatives, catering to both institutional and retail investors.
In addition to its core securities and derivatives operations, Hong Kong Exchanges and Clearing provides market data, indices and technology solutions designed to enhance transparency and risk management.
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