Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Short Interest Update

Hongkong Land Holdings Limited (OTCMKTS:HNGKY) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 500 shares, an increase of 150.0% from the March 15th total of 200 shares. Based on an average trading volume of 5,000 shares, the days-to-cover ratio is presently 0.1 days.

Hongkong Land Trading Down 2.2 %

Shares of HNGKY stock opened at $14.85 on Friday. The firm has a 50-day moving average of $15.87 and a 200-day moving average of $16.32. Hongkong Land has a one year low of $14.74 and a one year high of $22.72.

Hongkong Land Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Friday, March 22nd will be paid a $0.75 dividend. This is a positive change from Hongkong Land’s previous dividend of $0.26. The ex-dividend date of this dividend is Thursday, March 21st.

Hongkong Land Company Profile

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.