Short Interest in Hysan Development Company Limited (OTCMKTS:HYSNY) Rises By 1,100.0%

Hysan Development Company Limited (OTCMKTS:HYSNY) was the recipient of a significant growth in short interest during the month of 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 volume of 20,000 shares, the short-interest ratio is currently 0.1 days.

Hysan Development Stock Up 1.1 %

OTCMKTS:HYSNY traded up $0.04 during trading hours on Wednesday, reaching $3.14. 1,167 shares of the company traded hands, compared to its average volume of 15,656. The business’s 50-day moving average price is $3.31 and its two-hundred day moving average price is $3.11. Hysan Development has a 1 year low of $2.62 and a 1 year high of $4.09.

Hysan Development Cuts Dividend

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