Short Interest in Henderson Land Development Co. (OTCMKTS:HLDCY) Drops By 70.3%
by Mitch Edgeman · The Markets DailyHenderson Land Development Co. (OTCMKTS:HLDCY – Get Free Report) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 1,000 shares, a decrease of 70.3% from the November 30th total of 3,367 shares. Based on an average trading volume of 24,901 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 24,901 shares, the short-interest ratio is presently 0.0 days.
Henderson Land Development Price Performance
HLDCY stock traded up $0.10 during midday trading on Friday, reaching $3.78. The stock had a trading volume of 325 shares, compared to its average volume of 82,324. The business has a fifty day simple moving average of $3.68 and a two-hundred day simple moving average of $3.52. Henderson Land Development has a twelve month low of $2.47 and a twelve month high of $3.95.
Henderson Land Development Company Profile
Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.
The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.