MTR Co. Limited (OTCMKTS:MTCPY) Sees Large Decrease in Short Interest

MTR Co. Limited (OTCMKTS:MTCPY) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 100 shares, a decrease of 75.0% from the August 15th total of 400 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 0.5 days.

MTR Price Performance

MTCPY stock remained flat at $10.25 during mid-day trading on Thursday. 8 shares of the company’s stock were exchanged, compared to its average volume of 1,251. The business has a 50 day moving average of $9.98 and a 200 day moving average of $9.93. MTR has a twelve month low of $9.27 and a twelve month high of $12.64.

MTR Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, October 1st. Investors of record on Wednesday, August 28th will be given a dividend of $0.1293 per share. The ex-dividend date of this dividend is Wednesday, August 28th.

MTR Company Profile

MTR Corporation Limited designs, constructs, operates, maintains, and invests in railways in Hong Kong, Australia, Mainland China, Macao, Sweden, and the United Kingdom. It operates through Hong Kong Transport Operations; Hong Kong Station Commercial Businesses; Hong Kong Property Rental and Management Businesses; Hong Kong Property Development; Mainland China and International Railway, Property Rental and Management Businesses; Mainland China Property Development; and Other Businesses segments.