Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Short Interest Up 965.5% in March

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 120,400 shares, an increase of 965.5% from the February 28th total of 11,300 shares. Based on an average daily trading volume, of 517,200 shares, the days-to-cover ratio is currently 0.2 days.

Hong Kong Exchanges and Clearing Trading Down 0.1 %

Shares of OTCMKTS HKXCY traded down $0.03 during midday trading on Thursday, hitting $45.40. The company’s stock had a trading volume of 337,678 shares, compared to its average volume of 343,993. The firm’s fifty day moving average price is $42.80 and its 200-day moving average price is $39.78. Hong Kong Exchanges and Clearing has a 1-year low of $27.00 and a 1-year high of $51.55.

Hong Kong Exchanges and Clearing Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 10th. Stockholders of record on Thursday, March 13th will be paid a $0.6303 dividend. This is a boost from Hong Kong Exchanges and Clearing’s previous dividend of $0.51. The ex-dividend date of this dividend is Thursday, March 13th. Hong Kong Exchanges and Clearing’s dividend payout ratio is presently 28.32%.

Hong Kong Exchanges and Clearing Company Profile

Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. It operates through Cash, Equity and Financial Derivatives, Commodities, and Data and Connectivity segments.