Hang Lung Group Ltd. (OTCMKTS:HNLGY – Get Free Report) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 1,443 shares, an increase of ∞ from the July 15th total of 0 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,910 shares, the short-interest ratio is presently 0.8 days.
Hang Lung Group Price Performance
Shares of Hang Lung Group stock opened at $8.51 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.32. Hang Lung Group has a 1-year low of $7.86 and a 1-year high of $11.70. The firm’s 50-day moving average price is $8.54 and its two-hundred day moving average price is $9.79.
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.
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