Short Interest in Henderson Land Development Co. (OTCMKTS:HLDCY) Decreases By 47.0%

Henderson Land Development Co. (OTCMKTS:HLDCY) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 52,815 shares, a decline of 47.0% from the August 15th total of 99,676 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 202,958 shares, the short-interest ratio is presently 0.3 days.

Henderson Land Development Price Performance

OTCMKTS HLDCY traded up $0.04 during trading hours on Thursday, hitting $3.38. 27,067 shares of the company were exchanged, compared to its average volume of 54,219. The company has a 50 day moving average of $3.52 and a two-hundred day moving average of $3.70. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.33 and a quick ratio of 3.33. Henderson Land Development has a 52-week low of $3.08 and a 52-week high of $4.49.

Henderson Land Development Company Profile

Henderson Land Development Co Ltd. is a Hong Kong-based property developer and investment company. Founded in 1976 by Lee Shau Kee, the company develops and manages residential, commercial and mixed-use properties, with activities spanning property sales, leasing and real estate investment.

The company’s portfolio includes residential communities, office buildings, shopping centers and other commercial projects. Henderson Land also has interests in hotel operations and infrastructure-related businesses through associated companies and subsidiaries.