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

Hongkong Land Holdings Limited (OTCMKTS:HNGKY) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 200 shares, a decrease of 85.7% from the February 29th total of 1,400 shares. Based on an average daily volume of 10,000 shares, the short-interest ratio is currently 0.0 days.

Hongkong Land Price Performance

Shares of HNGKY traded up $0.15 during mid-day trading on Thursday, hitting $15.26. 2,144 shares of the company traded hands, compared to its average volume of 4,461. The business has a 50-day moving average of $15.98 and a 200 day moving average of $16.50. Hongkong Land has a one year low of $15.09 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 given 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.