Hang Lung Group Ltd. (OTCMKTS:HNLGY) Short Interest Down 60.6% in January

Hang Lung Group Ltd. (OTCMKTS:HNLGY) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 499 shares, a decline of 60.6% from the December 31st total of 1,265 shares. Based on an average daily volume of 173 shares, the short-interest ratio is currently 2.9 days. Based on an average daily volume of 173 shares, the short-interest ratio is currently 2.9 days.

Hang Lung Group Price Performance

HNLGY stock remained flat at $11.00 during mid-day trading on Thursday. The firm’s fifty day simple moving average is $10.03 and its 200 day simple moving average is $9.53. Hang Lung Group has a 52 week low of $6.38 and a 52 week high of $11.00.

Hang Lung Group Company Profile

Hang Lung Group is a Hong Kong–based property developer with a strategic focus on the investment, development and management of commercial real estate in Mainland China. The company’s portfolio encompasses large‐scale retail malls, premium office towers and mixed‐use complexes located primarily in major urban centres. Through an integrated approach to property development and asset management, Hang Lung Group aims to create landmark destinations that combine innovative design, high‐quality construction and curated tenant mixes.

Established in 1960, Hang Lung Group has grown from a local developer into one of the region’s leading real estate enterprises serving key Chinese markets.