Country Garden Holdings Company Limited (OTCMKTS:CTRYY) Short Interest Down 56.6% in May

Country Garden Holdings Company Limited (OTCMKTS:CTRYY) saw a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 4,300 shares, a drop of 56.6% from the May 15th total of 9,900 shares. Based on an average daily volume of 35,200 shares, the days-to-cover ratio is currently 0.1 days.

Country Garden Stock Performance

Shares of OTCMKTS:CTRYY traded down $1.60 during midday trading on Friday, hitting $1.53. 2,797 shares of the company’s stock traded hands, compared to its average volume of 10,896. The firm’s fifty day moving average price is $2.44 and its two-hundred day moving average price is $2.26. Country Garden has a twelve month low of $1.37 and a twelve month high of $5.70.

About Country Garden

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.