Hysan Development Company Limited (OTCMKTS:HYSNY) Short Interest Down 32.4% in March

Hysan Development Company Limited (OTCMKTS:HYSNYGet Rating) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 9,200 shares, a decrease of 32.4% from the March 15th total of 13,600 shares. Based on an average trading volume of 7,700 shares, the short-interest ratio is currently 1.2 days.

Separately, JPMorgan Chase & Co. downgraded shares of Hysan Development from an “overweight” rating to an “underweight” rating in a research note on Tuesday, January 4th.

OTCMKTS HYSNY opened at $6.00 on Friday. Hysan Development has a 1 year low of $5.16 and a 1 year high of $8.75. The company has a fifty day moving average of $5.99 and a two-hundred day moving average of $6.33.

The firm also recently announced a dividend, which was paid on Monday, April 4th. Stockholders of record on Wednesday, March 9th were paid a dividend of $0.2897 per share. The ex-dividend date of this dividend was Tuesday, March 8th. This represents a dividend yield of 5.91%.

Hysan Development Company Profile (Get Rating)

Hysan is a leading property investment, management and development company in Hong Kong, with a portfolio of more than 4 million square feet of high-quality office, retail and residential properties. Operating primarily in the city's prime retail/office district of Causeway Bay, we are focused on delighting our customers and providing investors with outstanding returns.

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