China Overseas Land & Investment Limited (OTCMKTS:CAOVY) Sees Large Increase in Short Interest

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 6,400 shares, an increase of 48.8% from the September 30th total of 4,300 shares. Based on an average trading volume of 154,500 shares, the days-to-cover ratio is currently 0.0 days.

China Overseas Land & Investment Trading Down 0.2 %

OTCMKTS CAOVY traded down $0.02 on Friday, hitting $9.45. The company’s stock had a trading volume of 564 shares, compared to its average volume of 12,922. China Overseas Land & Investment has a 1-year low of $6.55 and a 1-year high of $11.87. The company’s 50-day moving average is $8.66 and its 200 day moving average is $8.76.

China Overseas Land & Investment Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 19th were given a $0.1636 dividend. The ex-dividend date was Thursday, September 19th. China Overseas Land & Investment’s dividend payout ratio (DPR) 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.