Sun Art Retail Group Limited (OTCMKTS:SURRY) Short Interest Update

Sun Art Retail Group Limited (OTCMKTS:SURRY) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 1,142 shares, a growth of 48.5% from the December 15th total of 769 shares. Based on an average daily volume of 859 shares, the short-interest ratio is presently 1.3 days. Based on an average daily volume of 859 shares, the short-interest ratio is presently 1.3 days.

Sun Art Retail Group Stock Down 0.0%

Sun Art Retail Group stock opened at $1.97 on Friday. Sun Art Retail Group has a 1-year low of $1.87 and a 1-year high of $3.52. The company has a fifty day simple moving average of $2.06 and a 200 day simple moving average of $2.44.

Sun Art Retail Group Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, April 8th. Investors of record on Thursday, November 27th will be given a $0.0875 dividend. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a dividend yield of 1,922.0%. Sun Art Retail Group’s payout ratio is currently 66.73%.

About Sun Art Retail Group

Sun Art Retail Group Co, Ltd. (OTCMKTS:SURRY) is a leading hypermarket operator in Mainland China, offering a wide assortment of groceries, fresh produce and general merchandise. The company operates stores under the RT-Mart and Auchan banners across multiple provinces and cities, catering to urban and suburban consumers seeking one-stop shopping solutions.

Established in 1998, Sun Art Retail Group has grown through continuous investment in supply chain infrastructure and technology. In 2020, the company formed a strategic alliance with Alibaba Group and Ruentex Corporation following the acquisition of its former international partner’s stake, positioning Sun Art to leverage advanced e-commerce capabilities and data analytics for omnichannel expansion.

Sun Art’s product portfolio encompasses fresh fruits, vegetables, seafood and meat, dry groceries, household appliances, apparel and general merchandise.