Short Interest in HANG LUNG PROPE/S (OTCMKTS:HLPPY) Grows By 174.0%

HANG LUNG PROPE/S (OTCMKTS:HLPPY) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 13,700 shares, an increase of 174.0% from the August 31st total of 5,000 shares. Based on an average daily volume of 40,600 shares, the days-to-cover ratio is currently 0.3 days.

Shares of OTCMKTS HLPPY traded up $0.13 during trading on Tuesday, reaching $12.73. The company had a trading volume of 5,826 shares, compared to its average volume of 37,396. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.48 and a current ratio of 0.48. HANG LUNG PROPE/S has a twelve month low of $8.77 and a twelve month high of $14.33. The stock has a 50-day moving average price of $13.35 and a two-hundred day moving average price of $11.68.

The firm also recently announced a Semi-Annual dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, September 11th will be given a dividend of $0.097 per share. This is an increase from HANG LUNG PROPE/S’s previous Semi-Annual dividend of $0.10. The ex-dividend date of this dividend is Thursday, September 10th.

HANG LUNG PROPE/S Company Profile

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. The company operates through Property Leasing in Mainland China, Property Leasing in Hong Kong, and Property Sales in Hong Kong segments.

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