Henderson Land Development Co. (OTCMKTS:HLDCY) Short Interest Up 264.7% in December

Henderson Land Development Co. (OTCMKTS:HLDCY) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 3,647 shares, an increase of 264.7% from the December 15th total of 1,000 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 29,009 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 29,009 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Henderson Land Development Trading Up 4.0%

Shares of OTCMKTS HLDCY opened at $3.93 on Tuesday. Henderson Land Development has a one year low of $2.47 and a one year high of $3.96. The firm’s 50 day simple moving average is $3.72 and its two-hundred day simple moving average is $3.55.

About Henderson Land Development

Henderson Land Development (OTCMKTS: HLDCY) is a Hong Kong-based property developer and investment company with a long track record in the real estate sector. Founded in 1976 by Lee Shau-kee, the company’s core activities center on the development, sale and leasing of residential, commercial and retail properties. Its business model combines land acquisition and development with the ongoing management of investment properties to generate recurring rental income alongside project sales.

The company undertakes a range of property-related services, including property development, property investment, construction coordination and property management.