Hysan Development Company Limited (OTCMKTS:HYSNY) Short Interest Update

Hysan Development Company Limited (OTCMKTS:HYSNY) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 458 shares, a growth of 11,350.0% from the August 15th total of 4 shares. Based on an average trading volume of 307 shares, the short-interest ratio is presently 1.5 days.

Hysan Development Price Performance

Shares of OTCMKTS HYSNY opened at $3.88 on Friday. The firm’s 50-day moving average is $4.32 and its 200-day moving average is $4.53. Hysan Development has a 1 year low of $3.55 and a 1 year high of $6.00.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded Hysan Development from a “buy” rating to a “sell” rating in a research report on Thursday, August 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Hysan Development currently has a consensus rating of “Sell”.

About Hysan Development

Hysan Development Company Limited is a Hong Kong–based property investment, management and development firm with a primary focus on the prime commercial and retail district of Causeway Bay. Established in the early 20th century by Harry Lee Hysan, the company has grown into one of the island’s leading landlords, specializing in high-end retail, office and residential properties. Its strategic portfolio spans flagship shopping arcades, Grade A office towers and luxury residential schemes.

The company’s core assets include integrated developments such as Lee Gardens, Hysan Place and Lee Theatre, which combine boutique retail outlets, fine-dining restaurants and premium office space under one roof.