Short Interest in Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Grows By 965.5%

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 120,400 shares, a growth of 965.5% from the February 28th total of 11,300 shares. Based on an average daily trading volume, of 517,200 shares, the short-interest ratio is presently 0.2 days.

Hong Kong Exchanges and Clearing Trading Down 0.1 %

Shares of HKXCY stock traded down $0.03 on Thursday, reaching $45.40. 337,678 shares of the stock were exchanged, compared to its average volume of 343,993. Hong Kong Exchanges and Clearing has a 1-year low of $27.00 and a 1-year high of $51.55. The firm has a 50 day moving average of $42.80 and a two-hundred day moving average of $39.78.

Hong Kong Exchanges and Clearing Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 10th. Investors of record on Thursday, March 13th will be given a dividend of $0.6303 per share. The ex-dividend date is Thursday, March 13th. This is an increase from Hong Kong Exchanges and Clearing’s previous dividend of $0.51. Hong Kong Exchanges and Clearing’s dividend payout ratio is 28.32%.

Hong Kong Exchanges and Clearing Company Profile

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.