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

Sun Art Retail Group Limited (OTCMKTS:SURRY) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 1,487 shares, a growth of 36.3% from the January 15th total of 1,091 shares. Based on an average trading volume of 128 shares, the short-interest ratio is currently 11.6 days. Based on an average trading volume of 128 shares, the short-interest ratio is currently 11.6 days.

Sun Art Retail Group Price Performance

Shares of SURRY stock opened at $1.90 on Friday. The stock’s 50-day simple moving average is $1.98 and its 200-day simple moving average is $2.28. Sun Art Retail Group has a fifty-two week low of $1.87 and a fifty-two week high of $3.52.

Sun Art Retail Group Announces Dividend

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

Sun Art Retail Group Company Profile

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.