Henderson Land Development Company Limited (OTCMKTS:HLDCY – Get Rating) saw a significant drop in short interest in September. As of September 15th, there was short interest totalling 6,900 shares, a drop of 96.9% from the August 31st total of 222,700 shares. Based on an average trading volume of 1,033,000 shares, the short-interest ratio is currently 0.0 days.

Henderson Land Development Price Performance

HLDCY traded down $0.05 during trading on Thursday, hitting $2.80. 511,719 shares of the company traded hands, compared to its average volume of 563,277. The stock's 50-day simple moving average is $3.35 and its two-hundred day simple moving average is $3.75. Henderson Land Development has a 1 year low of $2.79 and a 1 year high of $4.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.04 and a current ratio of 2.04.

Henderson Land Development Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, September 27th. Stockholders of record on Monday, September 5th were given a dividend of $0.051 per share. The ex-dividend date was Friday, September 2nd. This represents a dividend yield of 5.75%.

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, Other Businesses, and Utility and Energy segments.

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