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

Hang Lung Properties Ltd. (OTCMKTS:HLPPY) was the target of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 763 shares, a decrease of 75.6% from the January 29th total of 3,128 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 4,237 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 4,237 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Hang Lung Properties Stock Performance

Shares of HLPPY traded down $0.18 during trading hours on Thursday, reaching $6.34. 1,479 shares of the company’s stock traded hands, compared to its average volume of 2,804. Hang Lung Properties has a 12 month low of $3.51 and a 12 month high of $6.52. The firm’s 50 day simple moving average is $5.94 and its 200-day simple moving average is $5.69.

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.