Henderson Land Development Co. (OTCMKTS:HLDCY) Stock Short Interest Climbs 85.7%

Henderson Land Development Co. (OTCMKTS:HLDCY) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 98,074 shares, a growth of 85.7% from the August 31st total of 52,815 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 337,846 shares, the days-to-cover ratio is currently 0.3 days.

Henderson Land Development Price Performance

HLDCY stock opened at $3.45 on Thursday. Henderson Land Development has a 52 week low of $3.08 and a 52 week high of $4.49. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average of $3.53 and a 200 day moving average of $3.64.

About Henderson Land Development

Henderson Land Development Company Limited 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 concentrated in Hong Kong and mainland China.

The company’s portfolio includes luxury housing, office buildings, shopping centers, hotels and large-scale urban redevelopment projects. Henderson Land also owns and operates investment properties that generate recurring rental income, and has participated in major commercial developments such as the International Finance Centre complex in Hong Kong.

In addition to property development and investment, the group has interests in businesses related to construction, infrastructure and property services.