Chorus Limited (OTCMKTS:CHRYY) Short Interest Update

Chorus Limited (OTCMKTS:CHRYY) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 900 shares, an increase of 125.0% from the August 15th total of 400 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is presently 0.5 days.

Chorus Stock Performance

OTCMKTS CHRYY traded down $0.37 during trading hours on Friday, hitting $27.59. 482 shares of the company’s stock traded hands, compared to its average volume of 838. Chorus has a 52 week low of $19.95 and a 52 week high of $27.96. The business’s fifty day moving average price is $24.27 and its two-hundred day moving average price is $23.11.

Chorus Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 18th. Stockholders of record on Tuesday, September 17th will be given a dividend of $0.7539 per share. This is a boost from Chorus’s previous dividend of $0.47. The ex-dividend date of this dividend is Tuesday, September 17th.

Chorus Company Profile

Chorus Limited, together with its subsidiaries, provides fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and asymmetric digital subscriber line and high-speed digital subscriber line broadband services, as well as solutions for transport and infrastructure.