Hysan Development Company Limited (OTCMKTS:HYSNY) Sees Large Decrease in Short Interest

Hysan Development Company Limited (OTCMKTS:HYSNY) was the target of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 700 shares, a decline of 22.2% from the January 31st total of 900 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is currently 0.2 days.

Hysan Development Price Performance

HYSNY remained flat at $3.45 during trading hours on Thursday. The company had a trading volume of 5 shares, compared to its average volume of 1,502. The business’s fifty day moving average is $3.03 and its 200-day moving average is $3.13. Hysan Development has a 12-month low of $2.62 and a 12-month high of $3.77.

Hysan Development Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 4th will be issued a dividend of $0.2083 per share. This is a positive change from Hysan Development’s previous dividend of $0.06. The ex-dividend date is Tuesday, March 4th. Hysan Development’s dividend payout ratio (DPR) is 3.58%.

Hysan Development Company Profile

Hysan Development Co, Ltd. is a leading property investment, management and development company. Its core asset portfolio, Lee Gardens in Hong Kong, has approximately 4.5 million square feet of high-quality office, retail and residential floor area. Hysan has been rooted in Hong Kong for nearly a hundred years, operating with heart, focusing on community building, integration of old and new, technology application, and sustainable development.