Short Interest in Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWY) Expands By 133.3%

Chow Tai Fook Jewellery Group Limited (OTCMKTS:CJEWY) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 700 shares, an increase of 133.3% from the August 15th total of 300 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 1.8 days.

Chow Tai Fook Jewellery Group Price Performance

Shares of OTCMKTS CJEWY remained flat at $7.80 during midday trading on Friday. 54 shares of the company traded hands, compared to its average volume of 199. Chow Tai Fook Jewellery Group has a one year low of $7.76 and a one year high of $15.89. The firm has a 50-day moving average of $8.95 and a 200-day moving average of $12.01. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.38 and a quick ratio of 0.25.

Chow Tai Fook Jewellery Group Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, September 4th. Stockholders of record on Thursday, August 1st were given a $0.3341 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This is a positive change from Chow Tai Fook Jewellery Group’s previous dividend of $0.27.

About Chow Tai Fook Jewellery Group

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products in Mainland China, Hong Kong, Macau, Taiwan, Cambodia, Canada, Korea, Japan, Malaysia, the Philippines, Singapore, Thailand, the United States, and Vietnam. The company offers gem-set, platinum and k-gold jewelry, and gold jewelry and products under the CHOW TAI FOOK, HEARTS ON FIRE, ENZO, MONOLOGUE, and SOINLOVE brands.