China Overseas Land & Investment Limited (OTCMKTS:CAOVY) Short Interest Up 220.7% in August

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) saw a large growth in short interest in August. As of August 31st, there was short interest totalling 9,300 shares, a growth of 220.7% from the August 15th total of 2,900 shares. Based on an average trading volume of 22,900 shares, the days-to-cover ratio is currently 0.4 days.

China Overseas Land & Investment Stock Up 1.0 %

China Overseas Land & Investment stock traded up $0.07 during mid-day trading on Thursday, reaching $7.08. The company’s stock had a trading volume of 1,706 shares, compared to its average volume of 4,744. The business’s 50 day simple moving average is $8.10 and its 200 day simple moving average is $8.31. China Overseas Land & Investment has a 12 month low of $6.56 and a 12 month high of $10.96.

China Overseas Land & Investment Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, October 18th. Investors of record on Thursday, September 19th will be given a $0.1636 dividend. The ex-dividend date is Thursday, September 19th. China Overseas Land & Investment’s dividend payout ratio is currently 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.