Sun Art Retail Group Limited (OTCMKTS:SURRY) Short Interest Update

Sun Art Retail Group Limited (OTCMKTS:SURRY) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 100 shares, a decrease of 50.0% from the August 31st total of 200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1.0 days.

Sun Art Retail Group Stock Performance

Shares of SURRY opened at $2.20 on Friday. Sun Art Retail Group has a one year low of $1.87 and a one year high of $3.52. The stock has a 50-day moving average of $2.69 and a 200-day moving average of $2.60.

Sun Art Retail Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, October 9th. Stockholders of record on Monday, August 25th will be issued a dividend of $0.1733 per share. The ex-dividend date is Friday, August 22nd. This represents a dividend yield of 1,158.0%. Sun Art Retail Group’s payout ratio is currently 66.73%.

Sun Art Retail Group Company Profile

Sun Art Retail Group Limited, an investment holding company, operates brick-and-mortar stores and online sales channels in the People’s Republic of China. The company operates hypermarkets, superstores, and membership stores under RT-Mart, RT-Super, and M-Club names. Sun Art Retail Group Limited provides consulting, investment, wholesaling, and retailing services.