Henderson Land Development Co. (OTCMKTS:HLDCY) Shares Shorted: Short Interest Up 146.5% in September

Henderson Land Development Co. (OTCMKTS:HLDCY) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 241,771 shares, a growth of 146.5% from the September 15th total of 98,074 shares. Based on an average daily volume of 382,521 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

Henderson Land Development Price Performance

OTCMKTS HLDCY opened at $3.47 on Thursday. The business has a fifty day moving average price of $3.48 and a 200 day moving average price of $3.60. Henderson Land Development has a one year low of $3.08 and a one year high of $4.49.

About Henderson Land Development

Henderson Land Development Company Limited 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 concentrated in Hong Kong and mainland China.

The company’s portfolio includes luxury housing, office buildings, shopping centers, hotels and large-scale urban redevelopment projects. Henderson Land also owns and operates investment properties that generate recurring rental income, and has participated in major commercial developments such as the International Finance Centre complex in Hong Kong.

In addition to property development and investment, the group has interests in businesses related to construction, infrastructure and property services.