Hong Kong Exchange & Clearing Ltd. (OTCMKTS:HKXCF) Sees Large Growth in Short Interest

Hong Kong Exchange & Clearing Ltd. (OTCMKTS:HKXCF) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 319,867 shares, an increase of 150.9% from the September 15th total of 127,487 shares. Based on an average daily volume of 3,939 shares, the short-interest ratio is currently 81.2 days.

Hong Kong Exchange & Clearing Stock Down 4.5%

Shares of OTCMKTS HKXCF traded down $2.16 during trading on Wednesday, reaching $46.35. 4,010 shares of the stock traded hands, compared to its average volume of 5,366. The company has a 50-day moving average of $51.13 and a 200-day moving average of $50.91. Hong Kong Exchange & Clearing has a 52-week low of $44.59 and a 52-week high of $58.77.

Hong Kong Exchanges and Clearing Limited (HKEX) operates Hong Kong’s central securities and derivatives marketplaces. Through its trading platforms, HKEX provides markets for equities, equity-related products, exchange-traded funds, warrants, futures, options, fixed-income instruments and currencies.

HKEX also operates clearing and settlement infrastructure for its markets and owns the London Metal Exchange (LME), a major international venue for trading and managing risk in base metals.