Hang Lung Properties Ltd. (OTCMKTS:HLPPY) Short Interest Update

Hang Lung Properties Ltd. (OTCMKTS:HLPPY) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 433 shares, a drop of 65.1% from the November 30th total of 1,239 shares. Based on an average daily volume of 92,481 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 92,481 shares, the days-to-cover ratio is presently 0.0 days.

Hang Lung Properties Price Performance

OTCMKTS HLPPY traded down $0.19 during trading hours on Friday, hitting $5.58. The company’s stock had a trading volume of 402 shares, compared to its average volume of 12,368. Hang Lung Properties has a 52 week low of $3.51 and a 52 week high of $6.02. The company’s 50-day simple moving average is $5.72 and its two-hundred day simple moving average is $5.29.

Hang Lung Properties Company Profile

Hang Lung Properties is a Hong Kong–based real estate developer specializing in the investment, development and management of premium commercial and residential properties. With a primary focus on Grade A office towers, high-end shopping malls and upscale residential complexes, the company has established a reputation for delivering landmark projects that emphasize architectural quality and tenant experience.

Founded in the late 20th century as a spin-off from Hang Lung Group, Hang Lung Properties listed on the Hong Kong Stock Exchange in the early 1990s and soon thereafter embarked on an expansion into Mainland China.