Hang Lung Properties Limited (OTCMKTS:HLPPY – Get Free Report) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 100 shares, a drop of 99.6% from the May 31st total of 22,300 shares. Based on an average daily volume of 1,155,200 shares, the days-to-cover ratio is currently 0.0 days.
Hang Lung Properties Stock Performance
Shares of HLPPY stock opened at $4.18 on Friday. Hang Lung Properties has a 12-month low of $4.17 and a 12-month high of $8.06. The firm’s 50 day moving average is $4.93 and its 200 day moving average is $5.52.
Hang Lung Properties Increases Dividend
The firm also recently declared a dividend, which was paid on Monday, June 24th. Stockholders of record on Wednesday, May 8th were paid a dividend of $0.3638 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This is a boost from Hang Lung Properties’s previous dividend of $0.10.
Hang Lung Properties 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. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.
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