Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Short Interest Up 151.4% in June

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 25,672 shares, an increase of 151.4% from the June 15th total of 10,210 shares. Based on an average daily trading volume, of 433,571 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Hong Kong Exchanges and Clearing to a “hold” rating in a report on Tuesday, April 28th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Hong Kong Exchanges and Clearing has an average rating of “Hold”.

Hong Kong Exchanges and Clearing Stock Performance

Shares of HKXCY traded up $0.01 during trading hours on Thursday, hitting $50.47. 4,443 shares of the company were exchanged, compared to its average volume of 138,914. The firm’s 50 day moving average is $50.00 and its 200-day moving average is $51.89. Hong Kong Exchanges and Clearing has a 52 week low of $45.74 and a 52 week high of $59.49.

Hong Kong Exchanges and Clearing Company Profile

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.