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

China Overseas Land & Investment Limited (OTCMKTS:CAOVY) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 30,400 shares, an increase 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 Up 18.6 %

Shares of CAOVY stock traded up $1.44 during trading hours on Friday, reaching $9.13. 181 shares of the company’s stock were exchanged, compared to its average volume of 4,209. China Overseas Land & Investment has a fifty-two week low of $6.56 and a fifty-two week high of $13.02. The business has a fifty day moving average price of $7.33 and a 200-day moving average price of $8.21.

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.