Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY – Get Free Report) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 134,705 shares, an increase of 123.5% from the August 15th total of 60,264 shares. Based on an average daily volume of 282,253 shares, the short-interest ratio is presently 0.5 days.
Hong Kong Exchanges and Clearing Stock Performance
OTCMKTS HKXCY traded up $0.46 during mid-day trading on Monday, hitting $50.50. The company’s stock had a trading volume of 6,375 shares, compared to its average volume of 139,152. The company’s 50 day simple moving average is $51.55 and its 200 day simple moving average is $51.29. Hong Kong Exchanges and Clearing has a twelve month low of $45.74 and a twelve month high of $59.42.
Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY – Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.05. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.01 billion.
About Hong Kong Exchanges and Clearing
Hong Kong Exchanges and Clearing Limited (OTCMKTS: HKXCY) is one of Asia’s leading financial infrastructure providers, operating the primary securities and derivatives markets in Hong Kong. The company owns and manages the Stock Exchange of Hong Kong, Hong Kong Futures Exchange and the Hong Kong Securities Clearing Company, offering a comprehensive range of trading, clearing, settlement and depository services. Through its trading platforms, Hong Kong Exchanges and Clearing facilitates the issuance and trading of equities, exchange-traded funds, bonds and derivatives, catering to both institutional and retail investors.
In addition to its core securities and derivatives operations, Hong Kong Exchanges and Clearing provides market data, indices and technology solutions designed to enhance transparency and risk management.
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