Hongkong Land Holdings Limited (OTCMKTS:HNGKY) Short Interest Down 42.9% in March

Hongkong Land Holdings Limited (OTCMKTS:HNGKY) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 800 shares, a drop of 42.9% from the March 15th total of 1,400 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 5,000 shares, the short-interest ratio is presently 0.2 days.

Hongkong Land Stock Up 0.1 %

Hongkong Land stock opened at $19.73 on Thursday. The stock’s 50 day moving average is $21.84 and its 200-day moving average is $21.84. Hongkong Land has a 12 month low of $13.85 and a 12 month high of $25.26.

Hongkong Land Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 21st. Investors of record on Friday, March 21st will be paid a $0.85 dividend. The ex-dividend date of this dividend is Friday, March 21st. This is an increase from Hongkong Land’s previous dividend of $0.26.

About Hongkong Land

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.