Henderson Land Development Co. (OTCMKTS:HLDCY) Stock Short Interest Rises 85.7%

Henderson Land Development Co. (OTCMKTS:HLDCY) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 98,074 shares, an increase of 85.7% from the August 31st total of 52,815 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 337,846 shares, the days-to-cover ratio is currently 0.3 days.

Henderson Land Development Stock Performance

Shares of OTCMKTS:HLDCY traded up $0.04 during midday trading on Wednesday, hitting $3.44. The stock had a trading volume of 45,905 shares, compared to its average volume of 61,359. Henderson Land Development has a 1 year low of $3.08 and a 1 year high of $4.49. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.20. The stock has a 50 day moving average price of $3.53 and a two-hundred day moving average price of $3.64.

Henderson Land Development Company Profile

Henderson Land Development Company Limited is a Hong Kong-based property developer and investment company. Founded in 1976 by Lee Shau-kee, the company develops and manages residential, commercial and mixed-use properties, with activities concentrated in Hong Kong and mainland China.

The company’s portfolio includes luxury housing, office buildings, shopping centers, hotels and large-scale urban redevelopment projects. Henderson Land also owns and operates investment properties that generate recurring rental income, and has participated in major commercial developments such as the International Finance Centre complex in Hong Kong.

In addition to property development and investment, the group has interests in businesses related to construction, infrastructure and property services.