Jardine Cycle & Carriage Limited (OTCMKTS:JCYGY) Short Interest Down 75.0% in August

Jardine Cycle & Carriage Limited (OTCMKTS:JCYGY) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 100 shares, a drop of 75.0% from the August 15th total of 400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 1.0 days.

JCYGY stock remained flat at $$29.60 during midday trading on Wednesday. Jardine Cycle & Carriage has a one year low of $25.69 and a one year high of $34.50. The company has a fifty day simple moving average of $30.10 and a 200 day simple moving average of $32.20.

The company also recently disclosed a dividend, which will be paid on Thursday, October 7th. Investors of record on Monday, August 30th will be given a $1.04 dividend. The ex-dividend date of this dividend is Friday, August 27th. This represents a yield of 3.58%.

About Jardine Cycle & Carriage

Jardine Cycle & Carriage Ltd. is an investment holding company, which engages in the manufacture, assembly, distribution, and retail of motor vehicles and motorcycles. It operates through the following segments: Astra, Direct Motor Interests, and Other Strategic Interests. The Astra segment produces, distributes, and retails motor vehicles and motorcycles.

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