Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Short Interest Update

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 134,705 shares, a growth of 123.5% from the August 15th total of 60,264 shares. Based on an average trading volume of 282,253 shares, the days-to-cover ratio is currently 0.5 days.

Hong Kong Exchanges and Clearing Price Performance

HKXCY stock opened at $50.38 on Wednesday. The stock’s 50 day simple moving average is $51.64 and its 200 day simple moving average is $51.25. Hong Kong Exchanges and Clearing has a 12-month low of $45.74 and a 12-month high of $59.42.

Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.05. The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.01 billion.

About Hong Kong Exchanges and Clearing

Hong Kong Exchanges and Clearing Limited (OTCMKTS: HKXCY) is one of Asia’s leading financial infrastructure providers, operating the primary securities and derivatives markets in Hong Kong. The company owns and manages the Stock Exchange of Hong Kong, Hong Kong Futures Exchange and the Hong Kong Securities Clearing Company, offering a comprehensive range of trading, clearing, settlement and depository services. Through its trading platforms, Hong Kong Exchanges and Clearing facilitates the issuance and trading of equities, exchange-traded funds, bonds and derivatives, catering to both institutional and retail investors.

In addition to its core securities and derivatives operations, Hong Kong Exchanges and Clearing provides market data, indices and technology solutions designed to enhance transparency and risk management.