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

Hysan Development Company Limited (OTCMKTS:HYSNY) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 100 shares, a drop of 98.2% from the March 15th total of 5,700 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is currently 0.1 days.

Hysan Development Stock Performance

HYSNY stock opened at $3.27 on Wednesday. The firm has a 50 day moving average price of $3.17 and a 200-day moving average price of $3.15. Hysan Development has a 52-week low of $2.62 and a 52-week high of $3.77.

Hysan Development Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 4th were issued a $0.2083 dividend. This is an increase from Hysan Development’s previous dividend of $0.06. The ex-dividend date of this dividend was Tuesday, March 4th. Hysan Development’s payout ratio is 3.58%.

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.