Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Sees Significant Decrease in Short Interest

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 33,500 shares, a decline of 59.0% from the January 31st total of 81,700 shares. Based on an average daily volume of 134,000 shares, the days-to-cover ratio is currently 0.3 days.

Hong Kong Exchanges and Clearing Stock Performance

HKXCY opened at $45.12 on Friday. The business has a 50 day moving average price of $39.66 and a 200 day moving average price of $37.75. Hong Kong Exchanges and Clearing has a twelve month low of $27.00 and a twelve month high of $51.55.

Hong Kong Exchanges and Clearing Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 13th will be given a $0.6303 dividend. This is an increase from Hong Kong Exchanges and Clearing’s previous dividend of $0.51. The ex-dividend date of this dividend is Thursday, March 13th. Hong Kong Exchanges and Clearing’s payout ratio is currently 25.54%.

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.