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

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 2,967 shares, a drop of 79.9% from the May 31st total of 14,759 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 15,061 shares, the short-interest ratio is presently 0.2 days.

China Overseas Land & Investment Stock Down 3.5%

CAOVY stock opened at $7.67 on Friday. The business has a fifty day moving average price of $9.44 and a 200 day moving average price of $8.75. China Overseas Land & Investment has a fifty-two week low of $7.03 and a fifty-two week high of $11.40.

Analyst Ratings Changes

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

China Overseas Land & Investment Company Profile

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.