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

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 14,746 shares, an increase of 164.7% from the July 30th total of 5,571 shares. Based on an average daily volume of 6,290 shares, the days-to-cover ratio is presently 2.3 days. Approximately 0.0% of the shares of the company are sold short.

China Overseas Land & Investment Stock Up 0.2%

CAOVY traded up $0.02 on Friday, reaching $8.99. The company had a trading volume of 5,802 shares, compared to its average volume of 4,226. China Overseas Land & Investment has a fifty-two week low of $7.03 and a fifty-two week high of $11.40. The company’s fifty day moving average is $8.44 and its 200 day moving average is $8.79.

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.