Hang Lung Group Ltd. (OTCMKTS:HNLGY) Stock Short Interest Jumps 330.2%

Hang Lung Group Ltd. (OTCMKTS:HNLGY – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 271 shares, a growth of 330.2% from the September 15th total of 63 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 186 shares, the days-to-cover ratio is currently 1.5 days.

Hang Lung Group Price Performance

OTCMKTS:HNLGY opened at $7.91 on Tuesday. The firm’s 50 day moving average is $8.03 and its 200 day moving average is $9.00. Hang Lung Group has a 12 month low of $7.64 and a 12 month high of $11.70.

About Hang Lung Group

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Hang Lung Group Limited is a Hong Kong-based property investment and development company. Its principal subsidiary, Hang Lung Properties Limited, develops, owns and manages commercial and residential real estate, with a portfolio that includes shopping malls, office buildings, hotels and luxury residential properties.

The group operates primarily in Hong Kong and mainland China. Its mainland projects are concentrated in major cities, including Shanghai, Shenyang, Jinan, Wuxi, Kunming and Wuhan.

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