Sun Art Retail Group Limited (OTCMKTS:SURRY) Sees Large Decrease in Short Interest

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

Sun Art Retail Group Stock Down 5.5 %

Shares of OTCMKTS:SURRY traded down $0.11 during trading on Thursday, hitting $1.87. The stock had a trading volume of 1,227 shares, compared to its average volume of 1,788. Sun Art Retail Group has a 12 month low of $1.29 and a 12 month high of $3.38. The firm’s fifty day moving average is $2.59 and its 200 day moving average is $2.24.

Sun Art Retail Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, December 27th were given a dividend of $0.175 per share. The ex-dividend date of this dividend was Friday, December 27th. This is a positive change from Sun Art Retail Group’s previous dividend of $0.02. Sun Art Retail Group’s dividend payout ratio (DPR) 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.