Hang Lung Properties Ltd. (OTCMKTS:HLPPY) Short Interest Up 4,550.0% in March

Hang Lung Properties Ltd. (OTCMKTS:HLPPY) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 279 shares, a growth of 4,550.0% from the February 26th total of 6 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 2,203 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 2,203 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Hang Lung Properties Stock Down 5.3%

Shares of OTCMKTS HLPPY opened at $5.40 on Wednesday. Hang Lung Properties has a 1 year low of $3.51 and a 1 year high of $6.52. The firm’s 50-day moving average is $6.04 and its 200-day moving average is $5.80.

Hang Lung Properties Company Profile

Hang Lung Properties is a Hong Kong–based real estate developer specializing in the investment, development and management of premium commercial and residential properties. With a primary focus on Grade A office towers, high-end shopping malls and upscale residential complexes, the company has established a reputation for delivering landmark projects that emphasize architectural quality and tenant experience.

Founded in the late 20th century as a spin-off from Hang Lung Group, Hang Lung Properties listed on the Hong Kong Stock Exchange in the early 1990s and soon thereafter embarked on an expansion into Mainland China.