Henderson Land Development Co. (OTCMKTS:HLDCY) Short Interest Update

Henderson Land Development Co. (OTCMKTS:HLDCY) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 99,676 shares, a decline of 67.1% from the July 30th total of 303,035 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 170,367 shares, the short-interest ratio is presently 0.6 days.

Henderson Land Development Stock Down 2.4%

Shares of OTCMKTS:HLDCY traded down $0.09 during midday trading on Friday, reaching $3.70. The company had a trading volume of 63,153 shares, compared to its average volume of 45,090. The company’s 50 day moving average price is $3.45 and its 200 day moving average price is $3.77. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.33 and a quick ratio of 3.33. Henderson Land Development has a 52-week low of $3.08 and a 52-week high of $4.49.

Henderson Land Development Company Profile

Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.

The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.