Hang Lung Properties Ltd. (OTCMKTS:HLPPY) Short Interest Down 65.1% in December

Hang Lung Properties Ltd. (OTCMKTS:HLPPY) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 433 shares, a drop of 65.1% from the November 30th total of 1,239 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 92,481 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 92,481 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Hang Lung Properties Stock Down 1.5%

Shares of HLPPY stock opened at $5.69 on Friday. Hang Lung Properties has a fifty-two week low of $3.51 and a fifty-two week high of $6.02. The stock’s 50-day moving average is $5.72 and its two-hundred day moving average is $5.31.

About Hang Lung Properties

Hang Lung Properties is a Hong Kong–based real estate developer specializing in the investment, development and management of premium commercial and residential properties. With a primary focus on Grade A office towers, high-end shopping malls and upscale residential complexes, the company has established a reputation for delivering landmark projects that emphasize architectural quality and tenant experience.

Founded in the late 20th century as a spin-off from Hang Lung Group, Hang Lung Properties listed on the Hong Kong Stock Exchange in the early 1990s and soon thereafter embarked on an expansion into Mainland China.