Hysan Development Company Limited (OTCMKTS:HYSNY – Get Free Report) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 700 shares, a drop of 22.2% from the January 31st total of 900 shares. Based on an average daily volume of 3,500 shares, the short-interest ratio is currently 0.2 days.
Hysan Development Price Performance
OTCMKTS:HYSNY remained flat at $3.45 during midday trading on Thursday. The company had a trading volume of 5 shares, compared to its average volume of 1,502. The firm has a fifty day moving average of $3.03 and a two-hundred day moving average of $3.13. Hysan Development has a twelve month low of $2.62 and a twelve month high of $3.77.
Hysan Development Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 4th will be paid a $0.2083 dividend. 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 presently 3.58%.
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.
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