Henderson Land Development Co. (OTCMKTS:HLDCY) Shares Shorted: Short Interest Up 146.5% in September

Henderson Land Development Co. (OTCMKTS:HLDCY) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 241,771 shares, an increase of 146.5% from the September 15th total of 98,074 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 382,521 shares, the short-interest ratio is presently 0.6 days.

Henderson Land Development Price Performance

OTCMKTS HLDCY traded down $0.04 during trading hours on Wednesday, hitting $3.44. 27,230 shares of the company were exchanged, compared to its average volume of 71,031. Henderson Land Development has a 52-week low of $3.08 and a 52-week high of $4.49. The company has a 50 day moving average of $3.49 and a two-hundred day moving average of $3.60.

About Henderson Land Development

Henderson Land Development Company Limited is a Hong Kong-based property developer and investment company. Founded in 1976 by Lee Shau-kee, the company develops and manages residential, commercial and mixed-use properties, with activities concentrated in Hong Kong and mainland China.

The company’s portfolio includes luxury housing, office buildings, shopping centers, hotels and large-scale urban redevelopment projects. Henderson Land also owns and operates investment properties that generate recurring rental income, and has participated in major commercial developments such as the International Finance Centre complex in Hong Kong.

In addition to property development and investment, the group has interests in businesses related to construction, infrastructure and property services.