Hang Lung Properties Ltd. (OTCMKTS:HLPPY) Sees Significant Decrease in Short Interest

Hang Lung Properties Ltd. (OTCMKTS:HLPPY) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 213 shares, a decrease of 58.5% from the December 31st total of 513 shares. Based on an average daily trading volume, of 6,345 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,345 shares, the short-interest ratio is currently 0.0 days.

Hang Lung Properties Stock Up 0.3%

Shares of OTCMKTS:HLPPY opened at $5.97 on Friday. Hang Lung Properties has a 12 month low of $3.51 and a 12 month high of $6.07. The company has a 50-day moving average price of $5.79 and a 200 day moving average price of $5.52.

Hang Lung Properties Company Profile

Hang Lung Properties is a Hong Kong–based real estate developer specializing in the investment, development and management of premium commercial and residential properties. With a primary focus on Grade A office towers, high-end shopping malls and upscale residential complexes, the company has established a reputation for delivering landmark projects that emphasize architectural quality and tenant experience.

Founded in the late 20th century as a spin-off from Hang Lung Group, Hang Lung Properties listed on the Hong Kong Stock Exchange in the early 1990s and soon thereafter embarked on an expansion into Mainland China.