China Overseas Land & Investment Limited (OTCMKTS:CAOVY) Short Interest Update

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 4,200 shares, a decrease of 44.0% from the June 30th total of 7,500 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 3.5 days.

China Overseas Land & Investment Price Performance

Shares of CAOVY stock traded down $0.13 during trading hours on Friday, hitting $8.07. 14,632 shares of the company’s stock were exchanged, compared to its average volume of 4,442. China Overseas Land & Investment has a 52 week low of $6.56 and a 52 week high of $11.85. The stock’s 50-day moving average is $9.16 and its 200-day moving average is $8.24.

China Overseas Land & Investment Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, July 29th. Investors of record on Wednesday, June 26th will be given a dividend of $0.2448 per share. The ex-dividend date of this dividend is Wednesday, June 26th. This is a positive change from China Overseas Land & Investment’s previous dividend of $0.19. China Overseas Land & Investment’s payout ratio is currently 9.05%.

China Overseas Land & Investment Company Profile

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.