Henderson Land Development Company Limited (OTCMKTS:HLDCY) Sees Large Drop in Short Interest

Henderson Land Development Company Limited (OTCMKTS:HLDCY) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totalling 1,800 shares, a decline of 25.0% from the June 15th total of 2,400 shares. Based on an average daily volume of 824,900 shares, the days-to-cover ratio is presently 0.0 days.

Henderson Land Development Stock Performance

Shares of OTCMKTS HLDCY traded up $0.18 during trading hours on Friday, hitting $2.93. 109,008 shares of the company traded hands, compared to its average volume of 370,129. The company’s 50 day moving average price is $2.96 and its 200 day moving average price is $2.92. Henderson Land Development has a 12 month low of $2.42 and a 12 month high of $3.56.

Henderson Land Development Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 6th were given a dividend of $0.1462 per share. The ex-dividend date of this dividend was Thursday, June 6th. This is an increase from Henderson Land Development’s previous dividend of $0.05.

Henderson Land Development Company Profile

Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Hotel Room Operation, Other Businesses, and Utility and Energy segments.