Hang Lung Group Ltd. (OTCMKTS:HNLGY – Get Free Report) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 63 shares, a decline of 46.6% from the August 31st total of 118 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 370 shares, the short-interest ratio is currently 0.2 days.
Hang Lung Group Stock Performance
Shares of OTCMKTS:HNLGY remained flat at $7.93 on Wednesday. The stock had a trading volume of 208 shares, compared to its average volume of 133. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.62 and a current ratio of 0.62. Hang Lung Group has a 12 month low of $7.64 and a 12 month high of $11.70. The company’s 50 day moving average price is $8.21 and its 200-day moving average price is $9.15.
Hang Lung Group Company Profile
Hang Lung Group Limited is a Hong Kong-based property investment and development company. Its principal subsidiary, Hang Lung Properties Limited, develops, owns and manages commercial and residential real estate, with a portfolio that includes shopping malls, office buildings, hotels and luxury residential properties.
The group operates primarily in Hong Kong and mainland China. Its mainland projects are concentrated in major cities, including Shanghai, Shenyang, Jinan, Wuxi, Kunming and Wuhan.
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