Short Interest in Henderson Land Development Co. (OTCMKTS:HLDCY) Declines By 84.7%

Henderson Land Development Co. (OTCMKTS:HLDCY) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 558 shares, a drop of 84.7% from the December 31st total of 3,647 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 30,601 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 30,601 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Henderson Land Development Stock Performance

Shares of HLDCY traded up $0.10 during mid-day trading on Thursday, reaching $4.02. The stock had a trading volume of 11,100 shares, compared to its average volume of 12,216. Henderson Land Development has a 12 month low of $2.47 and a 12 month high of $4.08. The business has a fifty day moving average of $3.76 and a 200 day moving average of $3.59.

About Henderson Land Development

Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.

The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.