Hysan Development Company Limited (OTCMKTS:HYSNY) Short Interest Down 28.6% in February

Hysan Development Company Limited (OTCMKTS:HYSNY) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 500 shares, a decline of 28.6% from the February 13th total of 700 shares. Based on an average daily volume of 2,800 shares, the short-interest ratio is currently 0.2 days.

Hysan Development Stock Performance

Shares of HYSNY stock remained flat at $3.09 during trading hours on Monday. 30 shares of the stock traded hands, compared to its average volume of 1,536. Hysan Development has a twelve month low of $2.62 and a twelve month high of $3.77. The firm has a 50 day moving average price of $3.06 and a 200-day moving average price of $3.15.

Hysan Development Increases Dividend

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