Sun Art Retail Group Limited (OTCMKTS:SURRY) Short Interest Up 200.0% in October

Sun Art Retail Group Limited (OTCMKTS:SURRY) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 300 shares, an increase of 200.0% from the September 30th total of 100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 3.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 3.0 days.

Sun Art Retail Group Price Performance

OTCMKTS SURRY opened at $2.28 on Friday. Sun Art Retail Group has a twelve month low of $1.87 and a twelve month high of $3.52. The business’s fifty day moving average is $2.39 and its 200 day moving average is $2.62.

Sun Art Retail Group Cuts Dividend

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

About Sun Art Retail Group

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.