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

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 8,000 shares, a growth 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 currently 0.9 days.

China Overseas Land & Investment Stock Down 1.9 %

Shares of CAOVY traded down $0.17 during midday trading on Friday, hitting $8.66. 15,836 shares of the company traded hands, compared to its average volume of 12,290. China Overseas Land & Investment has a 52 week low of $6.55 and a 52 week high of $11.87. The firm has a 50 day moving average of $9.19 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. Investors of record on Thursday, September 19th were given a dividend of $0.1636 per share. The ex-dividend date was Thursday, September 19th. China Overseas Land & Investment’s dividend payout ratio is presently 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.