Short Interest in MTR Co. Limited (OTCMKTS:MTCPY) Grows By 300.0%

MTR Co. Limited (OTCMKTS:MTCPY) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 400 shares, a growth of 300.0% from the June 30th total of 100 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 1.3 days.

MTR Price Performance

MTCPY stock opened at $11.16 on Thursday. MTR has a one year low of $9.05 and a one year high of $11.97. The company’s fifty day moving average price is $10.72 and its 200-day moving average price is $10.16.

MTR Increases Dividend

The business also recently announced a dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, May 26th were issued a $0.2748 dividend. This represents a dividend yield of 3.81%. The ex-dividend date was Friday, May 23rd. This is an increase from MTR’s previous dividend of $0.13.

About MTR

MTR Corporation Limited designs, constructs, operates, maintains, and invests in railways in Hong Kong, Australia, Mainland China, Macao, Sweden, and the United Kingdom. It operates through Hong Kong Transport Operations; Hong Kong Station Commercial Businesses; Hong Kong Property Rental and Management Businesses; Hong Kong Property Development; Mainland China and International Railway, Property Rental and Management Businesses; Mainland China Property Development; and Other Businesses segments.