Hang Lung Group Ltd. (OTCMKTS:HNLGY) Short Interest Update

Hang Lung Group Ltd. (OTCMKTS:HNLGY) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 118 shares, a drop of 91.8% from the July 30th total of 1,443 shares. Based on an average daily volume of 615 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Hang Lung Group Price Performance

HNLGY stock remained flat at $8.16 during trading on Wednesday. The firm has a 50 day simple moving average of $8.46 and a 200-day simple moving average of $9.66. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.62 and a quick ratio of 0.62. Hang Lung Group has a 52-week low of $7.86 and a 52-week high of $11.70.

Hang Lung Group Company Profile

Hang Lung Group is a Hong Kong–based property developer with a strategic focus on the investment, development and management of commercial real estate in Mainland China. The company’s portfolio encompasses large?scale retail malls, premium office towers and mixed?use complexes located primarily in major urban centres. Through an integrated approach to property development and asset management, Hang Lung Group aims to create landmark destinations that combine innovative design, high?quality construction and curated tenant mixes.

Established in 1960, Hang Lung Group has grown from a local developer into one of the region’s leading real estate enterprises serving key Chinese markets.