Hang Lung Group Ltd. (OTCMKTS:HNLGY – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 271 shares, an increase of 330.2% from the September 15th total of 63 shares. Based on an average daily volume of 186 shares, the short-interest ratio is presently 1.5 days. Currently, 0.0% of the shares of the company are sold short.
Hang Lung Group Stock Performance
OTCMKTS HNLGY traded up $0.17 during mid-day trading on Friday, reaching $7.91. 132 shares of the stock were exchanged, compared to its average volume of 91. The business’s 50 day moving average is $8.06 and its 200-day moving average is $9.02. Hang Lung Group has a 1 year low of $7.64 and a 1 year high of $11.70.
Hang Lung Group Company Profile
Hang Lung Group Limited is a Hong Kong-based property investment and development company. Its principal subsidiary, Hang Lung Properties Limited, develops, owns and manages commercial and residential real estate, with a portfolio that includes shopping malls, office buildings, hotels and luxury residential properties.
The group operates primarily in Hong Kong and mainland China. Its mainland projects are concentrated in major cities, including Shanghai, Shenyang, Jinan, Wuxi, Kunming and Wuhan.
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