Hysan Development Company Limited (OTCMKTS:HYSNY) Short Interest Down 22.2% in February

Hysan Development Company Limited (OTCMKTS:HYSNY) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 700 shares, a decline of 22.2% from the January 31st total of 900 shares. Based on an average trading volume of 3,500 shares, the days-to-cover ratio is currently 0.2 days.

Hysan Development Price Performance

Shares of OTCMKTS HYSNY opened at $3.45 on Tuesday. Hysan Development has a 1 year low of $2.62 and a 1 year high of $3.77. The company’s fifty day moving average price is $3.00 and its 200 day moving average price is $3.12.

Hysan Development Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 4th will be given a $0.2083 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This is a positive change from Hysan Development’s previous dividend of $0.06. Hysan Development’s dividend payout ratio is 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.