Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY – Get Free Report) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 14,933 shares, a growth of 361.9% from the November 30th total of 3,233 shares. Based on an average daily trading volume, of 9,698 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 9,698 shares, the days-to-cover ratio is presently 1.5 days.
Hongkong Land Trading Up 1.0%
Shares of HNGKY opened at $35.05 on Friday. The firm has a 50-day simple moving average of $32.48 and a two-hundred day simple moving average of $31.73. Hongkong Land has a 1-year low of $18.99 and a 1-year high of $37.33.
About Hongkong Land
Hongkong Land Holdings Limited (OTCMKTS: HNGKY) is a leading property investment, management and development group focused on premier real estate in Asia’s major financial centres. Established in 1889, the company specialises in owning, managing and developing a diversified portfolio that spans premium office towers, retail complexes, select residential schemes and hospitality assets.
The group’s flagship properties include landmark office developments such as Jardine House and Exchange Square in Central, Hong Kong, alongside The Landmark retail precinct.
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