Short Interest in China Overseas Land & Investment Limited (OTCMKTS:CAOVY) Rises By 25.0%

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 8,000 shares, an increase of 25.0% from the October 15th total of 6,400 shares. Based on an average daily volume of 8,800 shares, the short-interest ratio is presently 0.9 days.

China Overseas Land & Investment Stock Down 4.7 %

Shares of CAOVY stock traded down $0.44 on Friday, hitting $8.83. 6,235 shares of the stock were exchanged, compared to its average volume of 12,273. China Overseas Land & Investment has a fifty-two week low of $6.55 and a fifty-two week high of $11.87. The business has a 50-day moving average of $9.17 and a 200 day moving average of $8.96.

China Overseas Land & Investment Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 19th were paid a dividend of $0.1636 per share. The ex-dividend date of this dividend was Thursday, September 19th. China Overseas Land & Investment’s dividend payout ratio is 9.05%.

About China Overseas Land & Investment

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.