Hysan Development Company Limited (OTCMKTS:HYSNY) Short Interest Up 1,100.0% in November

Hysan Development Company Limited (OTCMKTS:HYSNY) was the recipient of 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 days-to-cover ratio is currently 0.1 days.

Hysan Development Price Performance

OTCMKTS HYSNY traded up $0.04 during trading on Wednesday, hitting $3.14. The company’s stock had a trading volume of 1,167 shares, compared to its average volume of 15,656. Hysan Development has a fifty-two week low of $2.62 and a fifty-two week high of $4.09. The business’s 50 day simple moving average is $3.31 and its 200-day simple moving average is $3.11.

Hysan Development Cuts Dividend

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

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.