Short Interest in Hysan Development Company Limited (OTCMKTS:HYSNY) Increases By 1,040.0%

Hysan Development Company Limited (OTCMKTS:HYSNY) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 5,700 shares, a growth of 1,040.0% from the February 28th total of 500 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is currently 1.7 days.

Hysan Development Trading Down 4.6 %

Shares of OTCMKTS:HYSNY traded down $0.15 during midday trading on Thursday, hitting $3.10. 732 shares of the stock were exchanged, compared to its average volume of 1,620. Hysan Development has a twelve month low of $2.62 and a twelve month high of $3.77. The company has a 50 day moving average price of $3.10 and a 200-day moving average price of $3.16.

Hysan Development Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Tuesday, March 4th will be paid a dividend of $0.2083 per share. 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 dividend payout ratio (DPR) is presently 3.58%.

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.