Hysan Development Company Limited (OTCMKTS:HYSNY) Short Interest Update

Hysan Development Company Limited (OTCMKTS:HYSNY) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,200 shares, an increase of 1,100.0% from the October 31st total of 100 shares. Based on an average daily trading volume, of 20,000 shares, the short-interest ratio is presently 0.1 days.

Hysan Development Stock Down 1.1 %

Shares of OTCMKTS:HYSNY opened at $3.10 on Thursday. Hysan Development has a 1 year low of $2.62 and a 1 year high of $4.09. The business’s 50 day moving average price is $3.31 and its 200-day moving average price is $3.11.

Hysan Development Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 9th were issued a dividend of $0.061 per share. This represents a dividend yield of 8.76%. The ex-dividend date was Monday, September 9th. Hysan Development’s payout ratio is 1.10%.

About Hysan Development

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.