Short Interest in Country Garden Holdings Company Limited (OTCMKTS:CTRYY) Drops By 82.8%

Country Garden Holdings Company Limited (OTCMKTS:CTRYY) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 3,200 shares, a decline of 82.8% from the February 29th total of 18,600 shares. Based on an average daily trading volume, of 15,800 shares, the days-to-cover ratio is presently 0.2 days.

Country Garden Trading Down 8.3 %

CTRYY traded down $0.13 during midday trading on Thursday, hitting $1.42. The company had a trading volume of 13,904 shares, compared to its average volume of 6,713. Country Garden has a twelve month low of $1.37 and a twelve month high of $7.76. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59. The firm’s 50-day simple moving average is $2.04 and its 200-day simple moving average is $2.42.

About Country Garden

Country Garden Holdings Company Limited, an investment holding company, invests, develops, and constructs real estate properties primarily in Mainland China. The company operates in two segments, Property Development and Construction. It develops residential projects, such as townhouses and condominiums; and car parks and retail shops.