Country Garden Holdings Company Limited (OTCMKTS:CTRYY) Sees Significant Increase in Short Interest

Country Garden Holdings Company Limited (OTCMKTS:CTRYY) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 6,700 shares, a growth of 55.8% from the May 31st total of 4,300 shares. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is currently 0.9 days.

Country Garden Price Performance

CTRYY remained flat at $2.40 during trading on Friday. The company had a trading volume of 5 shares, compared to its average volume of 4,054. The stock has a 50 day simple moving average of $2.67 and a 200 day simple moving average of $2.27. Country Garden has a twelve month low of $1.37 and a twelve month high of $5.70.

Country Garden Company Profile

Country Garden Holdings Company Limited, an investment holding company, invests, develops, and constructs real estate properties primarily in Mainland China. The company operates in two segments, Property Development and Construction. It develops residential projects, such as townhouses and condominiums; and car parks and retail shops.