Chow Tai Fook (OTCMKTS:CJEWY) Sees Significant Decline in Short Interest

Chow Tai Fook (OTCMKTS:CJEWY) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 400 shares, a drop of 33.3% from the September 15th total of 600 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 4.0 days. Based on an average daily volume of 100 shares, the short-interest ratio is currently 4.0 days.

Chow Tai Fook Price Performance

Shares of CJEWY stock opened at $18.62 on Wednesday. Chow Tai Fook has a 52-week low of $8.40 and a 52-week high of $21.00. The company’s 50 day moving average is $19.40 and its 200 day moving average is $16.49.

Chow Tai Fook Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 7th were issued a $0.3577 dividend. The ex-dividend date was Wednesday, August 6th. This represents a dividend yield of 315.0%. This is a boost from Chow Tai Fook’s previous dividend of $0.26.

About Chow Tai Fook

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products in Mainland China, Hong Kong, Macau, Taiwan, Cambodia, Canada, Korea, Japan, Malaysia, the Philippines, Singapore, Thailand, the United States, and Vietnam. The company offers gem-set, platinum and k-gold jewelry, and gold jewelry and products under the CHOW TAI FOOK, HEARTS ON FIRE, ENZO, MONOLOGUE, and SOINLOVE brands.