China Overseas Land & Investment Limited (OTCMKTS:CAOVY) Short Interest Up 398.4% in April

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 30,400 shares, a growth of 398.4% from the March 31st total of 6,100 shares. Based on an average daily trading volume, of 17,800 shares, the days-to-cover ratio is presently 1.7 days.

China Overseas Land & Investment Stock Performance

Shares of CAOVY traded up $1.44 during midday trading on Friday, hitting $9.13. The company had a trading volume of 181 shares, compared to its average volume of 4,209. The company’s 50-day simple moving average is $7.33 and its 200-day simple moving average is $8.21. China Overseas Land & Investment has a 1 year low of $6.56 and a 1 year high of $13.02.

China Overseas Land & Investment Company Profile

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.