Hysan Development Company Limited (OTCMKTS:HYSNY – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 698 shares, an increase of 52.4% from the August 31st total of 458 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.
Hysan Development Stock Performance
Shares of HYSNY stock opened at $4.04 on Thursday. Hysan Development has a fifty-two week low of $3.76 and a fifty-two week high of $6.00. The business has a fifty day simple moving average of $4.25 and a 200-day simple moving average of $4.39.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group downgraded shares of Hysan Development from a “buy” rating to a “sell” rating in a research report on Thursday, August 20th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.
About Hysan Development
Hysan Development Company Limited is a Hong Kong-based property investment, development and management company. Its portfolio is concentrated primarily in Causeway Bay, one of Hong Kong’s major commercial and retail districts, and includes office buildings, shopping centers, retail properties, hotels and residential developments.
The company’s properties include the Lee Garden portfolio, Hysan Place and Lee Theatre Plaza. Through these developments, Hysan provides workspace, retail and dining environments, residential accommodation and related property management services.
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