Henderson Land Development Co. (OTCMKTS:HLDCY) Short Interest Update

Henderson Land Development Co. (OTCMKTS:HLDCY) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 99,676 shares, a drop of 67.1% from the July 30th total of 303,035 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 170,367 shares, the days-to-cover ratio is currently 0.6 days.

Henderson Land Development Trading Down 0.5%

Shares of OTCMKTS:HLDCY opened at $3.83 on Thursday. Henderson Land Development has a 52 week low of $3.08 and a 52 week high of $4.49. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.33 and a current ratio of 3.33. The company’s fifty day moving average is $3.44 and its 200-day moving average is $3.77.

Henderson Land Development Company Profile

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.