China Overseas Land & Investment Limited (OTCMKTS:CAOVY) Short Interest Up 25.0% in October

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 8,000 shares, an increase of 25.0% from the October 15th total of 6,400 shares. Based on an average trading volume of 8,800 shares, the days-to-cover ratio is currently 0.9 days.

China Overseas Land & Investment Stock Performance

CAOVY stock traded down $0.44 during midday trading on Friday, reaching $8.83. The company’s stock had a trading volume of 6,235 shares, compared to its average volume of 12,273. China Overseas Land & Investment has a 1 year low of $6.55 and a 1 year high of $11.87. The stock has a fifty day simple moving average of $9.17 and a two-hundred day simple moving average of $8.96.

China Overseas Land & Investment Cuts Dividend

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