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

Hang Lung Properties Limited (OTCMKTS:HLPPY) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 16,400 shares, an increase 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 Stock Down 0.8 %

Shares of Hang Lung Properties stock traded down $0.03 during trading on Wednesday, reaching $3.88. The company’s stock had a trading volume of 3,983 shares, compared to its average volume of 16,910. The business has a 50 day moving average price of $3.94 and a 200-day moving average price 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.