Hang Lung Properties Limited (OTCMKTS:HLPPY) Sees Large Increase in Short Interest

Hang Lung Properties Limited (OTCMKTS:HLPPY) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 16,400 shares, a growth of 5,366.7% from the January 15th total of 300 shares. Based on an average daily volume of 34,200 shares, the short-interest ratio is presently 0.5 days.

Hang Lung Properties Price Performance

OTCMKTS:HLPPY traded down $0.03 during mid-day trading on Wednesday, hitting $3.88. 3,983 shares of the company’s stock traded hands, compared to its average volume of 16,910. The firm has a 50 day moving average of $3.94 and a two-hundred day moving average of $3.95. Hang Lung Properties has a 12 month low of $3.30 and a 12 month high of $5.99.

Hang Lung Properties Company Profile

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.