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

Hysan Development Company Limited (OTCMKTS:HYSNY) was the target of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 500 shares, a decline of 28.6% from the February 13th total of 700 shares. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is presently 0.2 days.

Hysan Development Stock Performance

Shares of HYSNY stock traded up $0.30 during trading hours on Tuesday, reaching $3.39. The company had a trading volume of 230 shares, compared to its average volume of 1,495. The business has a fifty day moving average price of $3.06 and a 200-day moving average price of $3.15. Hysan Development has a one year low of $2.62 and a one year high of $3.77.

Hysan Development Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 4th will be paid a $0.2083 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This is a positive change from Hysan Development’s previous dividend of $0.06. Hysan Development’s payout ratio is currently 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.