Hang Lung Properties Limited (OTCMKTS:HLPPY – Get Rating) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 100 shares, a drop of 98.9% from the April 30th total of 9,100 shares. Based on an average trading volume of 271,100 shares, the days-to-cover ratio is presently 0.0 days.
OTCMKTS HLPPY traded down $0.15 during trading hours on Wednesday, hitting $9.11. The company’s stock had a trading volume of 119,164 shares, compared to its average volume of 85,234. Hang Lung Properties has a 52 week low of $8.72 and a 52 week high of $14.05. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.63 and a quick ratio of 0.63. The company’s 50-day simple moving average is $9.97 and its two-hundred day simple moving average is $10.31.
The company also recently disclosed a dividend, which will be paid on Tuesday, May 31st. Shareholders of record on Monday, May 2nd will be paid a $0.3649 dividend. The ex-dividend date of this dividend is Friday, April 29th. This represents a yield of 4.39%.
Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. The company operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.
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