Sun Art Retail Group Limited (OTCMKTS:SURRY) Short Interest Down 50.0% in January

Sun Art Retail Group Limited (OTCMKTS:SURRY) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 100 shares, a decline of 50.0% from the January 15th total of 200 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 0.3 days.

Sun Art Retail Group Stock Performance

OTCMKTS SURRY traded down $0.11 during trading on Thursday, hitting $1.87. 1,227 shares of the company’s stock traded hands, compared to its average volume of 1,788. The stock has a fifty day moving average of $2.59 and a two-hundred day moving average of $2.24. Sun Art Retail Group has a 12-month low of $1.29 and a 12-month high of $3.38.

Sun Art Retail Group Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Friday, December 27th were issued a dividend of $0.175 per share. The ex-dividend date of this dividend was Friday, December 27th. This is a boost from Sun Art Retail Group’s previous dividend of $0.02. Sun Art Retail Group’s dividend payout ratio is currently 66.73%.

Sun Art Retail Group Company Profile

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.