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

Hysan Development Company Limited (OTCMKTS:HYSNY) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 1,200 shares, a growth 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 presently 0.1 days.

Hysan Development Stock Performance

Shares of Hysan Development stock opened at $3.10 on Friday. Hysan Development has a twelve month low of $2.62 and a twelve month high of $4.09. The business has a 50-day moving average price of $3.31 and a 200-day moving average price of $3.11.

Hysan Development Cuts Dividend

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

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.