China Overseas Land & Investment Limited (OTCMKTS:CAOVY) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 1,100 shares, a growth of 1,000.0% from the September 15th total of 100 shares. Based on an average daily volume of 7,400 shares, the short-interest ratio is presently 0.1 days.
CAOVY opened at $11.51 on Thursday. China Overseas Land & Investment has a fifty-two week low of $9.00 and a fifty-two week high of $15.22. The company’s 50-day moving average is $11.22 and its 200 day moving average is $11.74.
The business also recently announced a dividend, which will be paid on Wednesday, October 20th. Stockholders of record on Thursday, September 16th will be given a dividend of $0.7589 per share. This represents a dividend yield of 6.78%. The ex-dividend date is Wednesday, September 15th.
China Overseas Land & Investment Limited, an investment holding company, engages in the property development and investment, and other operations. It operates through Property Development, Property Investment, and Other Operations segments. The company is involved in the investment, development, and rental of residential and commercial properties; issuance of guaranteed notes; property consultancy and real estate agency; and loan financing, security investment, and hotel management activities.
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