Short Interest in Henderson Land Development Co. (OTCMKTS:HLDCY) Declines By 47.0%

Henderson Land Development Co. (OTCMKTS:HLDCY) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 52,815 shares, a drop of 47.0% from the August 15th total of 99,676 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 202,958 shares, the short-interest ratio is currently 0.3 days.

Henderson Land Development Stock Down 0.8%

OTCMKTS HLDCY traded down $0.03 during trading hours on Wednesday, hitting $3.31. The company had a trading volume of 106,957 shares, compared to its average volume of 53,376. Henderson Land Development has a 52 week low of $3.08 and a 52 week high of $4.49. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.20. The firm has a 50 day simple moving average of $3.52 and a 200 day simple moving average of $3.70.

Henderson Land Development Company Profile

Henderson Land Development Co Ltd. is a Hong Kong-based property developer and investment company. Founded in 1976 by Lee Shau Kee, the company develops and manages residential, commercial and mixed-use properties, with activities spanning property sales, leasing and real estate investment.

The company’s portfolio includes residential communities, office buildings, shopping centers and other commercial projects. Henderson Land also has interests in hotel operations and infrastructure-related businesses through associated companies and subsidiaries.