Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) Short Interest Up 91.3% in September

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 15,300 shares, an increase of 91.3% from the August 31st total of 8,000 shares. Based on an average daily volume of 233,600 shares, the days-to-cover ratio is presently 0.1 days.

Hong Kong Exchanges and Clearing Stock Performance

HKXCY stock traded up $3.02 on Friday, hitting $39.87. 46,619 shares of the company were exchanged, compared to its average volume of 153,355. Hong Kong Exchanges and Clearing has a twelve month low of $27.00 and a twelve month high of $40.24. The business’s fifty day moving average is $30.05 and its two-hundred day moving average is $31.46.

Hong Kong Exchanges and Clearing Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 4th will be given a dividend of $0.5093 per share. This is a boost from Hong Kong Exchanges and Clearing’s previous dividend of $0.45. The ex-dividend date of this dividend is Wednesday, September 4th. Hong Kong Exchanges and Clearing’s payout ratio is 25.54%.

About Hong Kong Exchanges and Clearing

Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. It operates through Cash, Equity and Financial Derivatives, Commodities, and Data and Connectivity segments.