Henderson Land Development Company Limited (OTCMKTS:HLDCY) Sees Significant Increase in Short Interest

Henderson Land Development Company Limited (OTCMKTS:HLDCY) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 3,600 shares, an increase of 100.0% from the June 30th total of 1,800 shares. Based on an average daily trading volume, of 727,700 shares, the days-to-cover ratio is currently 0.0 days.

Henderson Land Development Stock Performance

Shares of HLDCY traded down $0.01 during trading hours on Friday, reaching $2.81. The company had a trading volume of 64,353 shares, compared to its average volume of 255,542. The firm has a 50 day simple moving average of $2.88 and a 200-day simple moving average of $2.91. Henderson Land Development has a 12-month low of $2.42 and a 12-month high of $3.56.

Henderson Land Development Increases Dividend

The business also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 6th were issued a $0.1462 dividend. The ex-dividend date was Thursday, June 6th. This is an increase from Henderson Land Development’s previous dividend of $0.05.

About Henderson Land Development

Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Hotel Room Operation, Other Businesses, and Utility and Energy segments.