Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Shares Shorted: Short Interest Down 88.6% in September

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 21,276 shares, a decrease of 88.6% from the September 15th total of 186,670 shares. Based on an average trading volume of 232,864 shares, the days-to-cover ratio is currently 0.1 days.

Hong Kong Exchanges and Clearing Trading Up 0.8%

Hong Kong Exchanges and Clearing stock traded up $0.39 during midday trading on Friday, reaching $48.48. 78,879 shares of the company were exchanged, compared to its average volume of 136,433. The firm’s 50-day simple moving average is $51.19 and its 200-day simple moving average is $50.90. Hong Kong Exchanges and Clearing has a 1 year low of $45.74 and a 1 year high of $57.37.

Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY) last released its earnings results on Wednesday, August 19th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.05. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.01 billion.

About Hong Kong Exchanges and Clearing

Hong Kong Exchanges and Clearing Limited (HKEX) operates the financial-market infrastructure of Hong Kong. The company owns and operates the Stock Exchange of Hong Kong, Hong Kong Futures Exchange and Hong Kong Securities Clearing Company, providing trading, clearing, settlement and market data services across multiple asset classes.

HKEX supports markets for equities, exchange-traded funds, warrants, initial public offerings, equity derivatives, interest-rate and currency products, and commodities.