Short Interest in Hang Lung Properties Ltd. (OTCMKTS:HLPPY) Increases By 1,368.5%

Hang Lung Properties Ltd. (OTCMKTS:HLPPY) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 3,128 shares, a growth of 1,368.5% from the January 15th total of 213 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 5,852 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 5,852 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Hang Lung Properties Stock Performance

OTCMKTS:HLPPY traded up $0.19 during trading hours on Tuesday, reaching $6.36. 1,362 shares of the company were exchanged, compared to its average volume of 2,573. Hang Lung Properties has a 52-week low of $3.51 and a 52-week high of $6.36. The stock has a 50 day simple moving average of $5.83 and a 200 day simple moving average of $5.60.

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.