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

Hysan Development Company Limited (OTCMKTS:HYSNY) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a decrease of 99.1% from the October 15th total of 10,600 shares. Based on an average daily volume of 267,100 shares, the short-interest ratio is currently 0.0 days.

Hysan Development Trading Down 3.0 %

Shares of OTCMKTS:HYSNY traded down $0.10 during trading on Tuesday, reaching $3.26. The stock had a trading volume of 9,410 shares, compared to its average volume of 16,284. The firm’s fifty day moving average is $3.30 and its 200 day moving average is $3.11. Hysan Development has a 52 week low of $2.62 and a 52 week high of $4.09.

Hysan Development Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 9th were paid a dividend of $0.061 per share. This represents a yield of 8.76%. The ex-dividend date was Monday, September 9th. Hysan Development’s dividend payout ratio (DPR) is currently 1.10%.

Hysan Development Company Profile

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.