Hysan Development Company Limited (OTCMKTS:HYSNY) Short Interest Down 99.1% in October

Hysan Development Company Limited (OTCMKTS:HYSNY) saw a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a drop of 99.1% from the October 15th total of 10,600 shares. Based on an average daily trading volume, of 267,100 shares, the days-to-cover ratio is presently 0.0 days.

Hysan Development Price Performance

Shares of Hysan Development stock opened at $3.22 on Wednesday. Hysan Development has a 1 year low of $2.62 and a 1 year high of $4.09. The firm has a fifty day moving average price of $3.30 and a 200 day moving average price of $3.11.

Hysan Development Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 9th were issued a $0.061 dividend. The ex-dividend date was Monday, September 9th. This represents a dividend 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.