China Overseas Land & Investment Limited (OTCMKTS:CAOVY) Short Interest Up 5.5% in June

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 5,800 shares, a growth of 5.5% from the May 31st total of 5,500 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is presently 2.5 days.

China Overseas Land & Investment Stock Up 1.2 %

Shares of CAOVY opened at $8.74 on Wednesday. The business’s 50-day moving average is $9.41 and its two-hundred day moving average is $8.24. China Overseas Land & Investment has a fifty-two week low of $6.56 and a fifty-two week high of $11.85.

China Overseas Land & Investment Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, July 29th. Stockholders of record on Wednesday, June 26th will be paid a dividend of $0.2448 per share. This is a positive change from China Overseas Land & Investment’s previous dividend of $0.19. The ex-dividend date is Wednesday, June 26th. China Overseas Land & Investment’s dividend payout ratio is presently 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.