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

Hysan Development Company Limited (OTCMKTS:HYSNY) was the recipient of a significant growth in short interest in the month of 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 trading volume, of 3,300 shares, the days-to-cover ratio is currently 1.7 days.

Hysan Development Stock Performance

Shares of HYSNY opened at $3.10 on Friday. The stock’s 50-day moving average price is $3.11 and its two-hundred day moving average price is $3.16. Hysan Development has a 1 year low of $2.62 and a 1 year high of $3.77.

Hysan Development Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 4th will be given a dividend of $0.2083 per share. This is a boost from Hysan Development’s previous dividend of $0.06. The ex-dividend date of this dividend is Tuesday, March 4th. Hysan Development’s dividend payout ratio (DPR) is currently 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.