Henderson Land Development Co. (OTCMKTS:HLDCY) Short Interest Down 26.7% in July

Henderson Land Development Co. (OTCMKTS:HLDCY) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 1,100 shares, adecreaseof26.7% from the July 15th total of 1,500 shares. Approximately0.0% of the company’s stock are sold short. Based on an average daily volume of 48,600 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 48,600 shares, the days-to-cover ratio is presently 0.0 days. Approximately0.0% of the company’s stock are sold short.

Henderson Land Development Stock Performance

Henderson Land Development stock opened at $3.43 on Friday. Henderson Land Development has a 12 month low of $2.47 and a 12 month high of $3.81. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.39 and a current ratio of 2.39. The business has a 50 day simple moving average of $3.44 and a 200-day simple moving average of $3.04.

Henderson Land Development Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 9th were given a $0.1473 dividend. The ex-dividend date was Friday, June 6th. This is a positive change from Henderson Land Development’s previous dividend of $0.05. This represents a yield of 647.0%.

Wall Street Analyst Weigh In

Separately, Hsbc Global Res upgraded Henderson Land Development from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 30th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, Henderson Land Development has a consensus rating of “Strong Buy”.

Henderson Land Development Company Profile

Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Hotel Room Operation, Other Businesses, and Utility and Energy segments.