Hang Lung Properties Limited (OTCMKTS:HLPPY) Short Interest Down 98.0% in October

Hang Lung Properties Limited (OTCMKTS:HLPPY) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totalling 100 shares, a drop of 98.0% from the September 30th total of 5,100 shares. Based on an average daily volume of 71,300 shares, the days-to-cover ratio is currently 0.0 days.

Hang Lung Properties Stock Up 0.2 %

Shares of OTCMKTS HLPPY traded up $0.01 during midday trading on Friday, reaching $4.14. The company’s stock had a trading volume of 2,889 shares, compared to its average volume of 210,070. Hang Lung Properties has a one year low of $3.30 and a one year high of $7.60. The company has a 50 day moving average price of $3.98 and a 200 day moving average price of $4.37.

Hang Lung Properties Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, October 7th. Stockholders of record on Thursday, August 15th were given a dividend of $0.0676 per share. The ex-dividend date was Thursday, August 15th.

Hang Lung Properties Company Profile

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.