Country Garden Holdings Company Limited (OTCMKTS:CTRYF – Get Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 6,380,500 shares, a decrease of 21.8% from the August 15th total of 8,160,700 shares. Based on an average daily volume of 141,600 shares, the short-interest ratio is currently 45.1 days.
Country Garden Stock Up 0.4 %
CTRYF traded up $0.00 during trading on Monday, reaching $0.14. 10,000 shares of the company’s stock were exchanged, compared to its average volume of 27,521. Country Garden has a fifty-two week low of $0.10 and a fifty-two week high of $0.43. The business has a 50 day moving average price of $0.15 and a 200 day moving average price of $0.21.
Analysts Set New Price Targets
Separately, Jefferies Financial Group lowered shares of Country Garden from a “buy” rating to a “hold” rating in a research report on Thursday, August 17th.
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.
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