Country Garden Holdings Company Limited (OTCMKTS:CTRYF – Get Rating) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 4,471,200 shares, a decrease of 18.5% from the August 15th total of 5,488,300 shares. Based on an average daily volume of 4,400 shares, the short-interest ratio is currently 1,016.2 days.
Analysts Set New Price Targets
A number of analysts have recently weighed in on CTRYF shares. JPMorgan Chase & Co. lowered shares of Country Garden from an "overweight" rating to an "underweight" rating in a report on Wednesday, July 27th. UBS Group downgraded shares of Country Garden from a "buy" rating to a "neutral" rating in a research report on Wednesday, August 10th.
Get Country Garden alerts:Country Garden Price Performance
OTCMKTS CTRYF remained flat at $0.27 on Friday. The stock's fifty day moving average is $0.36 and its 200 day moving average is $0.54. Country Garden has a twelve month low of $0.27 and a twelve month high of $1.10.
Country Garden Company Profile
(Get Rating)Country Garden Holdings Company Limited, an investment holding company, invests, develops, and constructs real estate properties primarily in Mainland China. The company operates through two segments, Property Development and Construction. It develops residential projects, such as townhouses and condominiums; and car parks and retail shops.
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