China Overseas Land & Investment Limited (OTCMKTS:CAOVY – Get Free Report) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 5,800 shares, an increase of 5.5% from the May 31st total of 5,500 shares. Based on an average trading volume of 2,300 shares, the short-interest ratio is presently 2.5 days.
China Overseas Land & Investment Trading Up 3.5 %
China Overseas Land & Investment stock opened at $9.05 on Friday. The stock has a 50-day moving average price of $9.46 and a 200 day moving average price of $8.25. China Overseas Land & Investment has a 52 week low of $6.56 and a 52 week high of $11.85.
China Overseas Land & Investment Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, July 29th. Stockholders of record on Wednesday, June 26th will be issued a dividend of $0.2448 per share. The ex-dividend date is Wednesday, June 26th. This is an increase from China Overseas Land & Investment’s previous dividend of $0.19. China Overseas Land & Investment’s payout ratio is 9.05%.
China Overseas Land & Investment Company Profile
China Overseas Land & Investment Limited, an investment holding company, engages in the property development and investment, and other operations in the People's Republic of China and the United Kingdom. The company operates through Property Development, Property Investment, and Other Operations segments.
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