Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Short Interest Up 464.2% in October

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 194,100 shares, an increase of 464.2% from the September 30th total of 34,400 shares. Based on an average daily volume of 237,100 shares, the days-to-cover ratio is presently 0.8 days.

Hong Kong Exchanges and Clearing Price Performance

Shares of OTCMKTS HKXCY traded up $0.02 on Friday, reaching $40.11. 57,422 shares of the company’s stock traded hands, compared to its average volume of 149,529. The business’s 50 day simple moving average is $35.08 and its two-hundred day simple moving average is $33.11. Hong Kong Exchanges and Clearing has a 12 month low of $27.00 and a 12 month high of $51.55.

Hong Kong Exchanges and Clearing Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 4th were paid a dividend of $0.5093 per share. This is an increase from Hong Kong Exchanges and Clearing’s previous dividend of $0.45. The ex-dividend date was Wednesday, September 4th. Hong Kong Exchanges and Clearing’s dividend payout ratio (DPR) is currently 25.54%.

About Hong Kong Exchanges and Clearing

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.