Short Interest in MTR Co. Limited (OTCMKTS:MTCPY) Declines By 33.3%

MTR Co. Limited (OTCMKTS:MTCPY) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 400 shares, a decline of 33.3% from the August 15th total of 600 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 1.0 days.

MTR Price Performance

Shares of OTCMKTS:MTCPY opened at $11.00 on Thursday. MTR has a fifty-two week low of $9.05 and a fifty-two week high of $11.97. The business has a 50-day simple moving average of $10.77 and a two-hundred day simple moving average of $10.44.

MTR Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Thursday, August 28th will be given a dividend of $0.1284 per share. The ex-dividend date of this dividend is Wednesday, August 27th. This represents a dividend yield of 364.0%.

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.