China Overseas Land & Investment Limited (OTCMKTS:CAOVY) Short Interest Update

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 14,285 shares, an increase of 3,591.2% from the April 15th total of 387 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 14,184 shares, the short-interest ratio is presently 1.0 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded China Overseas Land & Investment to a “hold” rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has an average rating of “Hold”.

China Overseas Land & Investment Stock Performance

Shares of China Overseas Land & Investment stock traded up $0.72 during trading on Monday, reaching $11.15. The stock had a trading volume of 1,090 shares, compared to its average volume of 5,127. The stock has a fifty day moving average price of $8.18 and a two-hundred day moving average price of $8.48. China Overseas Land & Investment has a 52 week low of $7.03 and a 52 week high of $11.15.

About China Overseas Land & Investment

China Overseas Land & Investment (OTCMKTS: CAOVY) is a Hong Kong–based real estate developer and property investor with origins dating back to 1979. The company is a core subsidiary of China State Construction Engineering Corporation (CSCEC), one of the world’s largest construction and engineering conglomerates. Since its initial public offering on the Hong Kong Stock Exchange in the early 1990s, China Overseas Land & Investment has expanded its footprint to become one of the leading real estate groups in Greater China.

The company’s primary activities encompass residential and commercial property development, property investment, hotel operations and property management services.