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

kopsource ·  Sep 28, 2022 14:34

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

Henderson Land Development Stock Down 1.3 %

OTCMKTS HLDCY traded down $0.04 on Wednesday, hitting $2.85. 1,689,961 shares of the company's stock were exchanged, compared to its average volume of 513,859. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.04 and a current ratio of 2.04. The firm's 50-day moving average price is $3.37 and its two-hundred day moving average price is $3.76. Henderson Land Development has a fifty-two week low of $2.82 and a fifty-two week high of $4.67.

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Henderson Land Development Cuts Dividend

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

Henderson Land Development Company Profile

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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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