Hang Lung Group Ltd. (OTCMKTS:HNLGY – Get Free Report) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 108 shares, a decline of 40.3% from the April 30th total of 181 shares. Based on an average daily trading volume, of 214 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are sold short.
Hang Lung Group Price Performance
OTCMKTS HNLGY opened at $9.76 on Tuesday. Hang Lung Group has a one year low of $7.10 and a one year high of $11.70. The company has a 50-day simple moving average of $10.25 and a 200-day simple moving average of $10.31.
Hang Lung Group Company Profile
Hang Lung Group is a Hong Kong–based property developer with a strategic focus on the investment, development and management of commercial real estate in Mainland China. The company’s portfolio encompasses large‐scale retail malls, premium office towers and mixed‐use complexes located primarily in major urban centres. Through an integrated approach to property development and asset management, Hang Lung Group aims to create landmark destinations that combine innovative design, high‐quality construction and curated tenant mixes.
Established in 1960, Hang Lung Group has grown from a local developer into one of the region’s leading real estate enterprises serving key Chinese markets.
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