China Coal Energy Co. (OTCMKTS:CCOZY) Sees Significant Increase in Short Interest

Key Points

• China Coal Energy Co. (CCOZY) experienced a significant increase in short interest, rising 100% to 400 shares by September 30th compared to 200 shares on September 15th.
• The company announced a dividend of $0.3474, to be paid on November 5th, representing a yield of 349.0%, with a payout ratio of 17.34%.
• As of the latest trading, shares of CCOZY traded at $27.04, marking its highest price in a year, while maintaining a market capitalization of $17.93 billion.

China Coal Energy Co. (OTCMKTS:CCOZY - ) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 400 shares, a growth of 100.0% from the September 15th total of 200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4.0 days. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4.0 days.

China Coal Energy Price Performance

Shares of OTCMKTS:CCOZY opened at $27.04 on Monday. China Coal Energy has a 1 year low of $18.64 and a 1 year high of $27.04. The company has a market capitalization of $17.93 billion, a PE ratio of 6.79 and a beta of -0.21. The business has a fifty day moving average price of $26.06 and a two-hundred day moving average price of $23.93.

China Coal Energy Announces Dividend

The business also recently announced a dividend, which will be paid on Wednesday, November 5th. Shareholders of record on Tuesday, September 9th will be paid a $0.3474 dividend. This represents a yield of 349.0%. The ex-dividend date is Monday, September 8th. China Coal Energy's payout ratio is presently 17.34%.

China Coal Energy Company Profile

China Coal Energy Company Limited primarily engages in the coal production and trading and coal chemical businesses in the People's Republic of China and internationally. The company offers polyolefin, methanol, urea, and other coal chemical products. It is also involved in the coal mining equipment manufacturing, pithead power generation, and other activities.

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