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Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd (OTCMKTS:SIHBY) Sees Unusually-High Trading Volume - Here's Why

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd logo with Finance background

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd ADR (OTCMKTS:SIHBY - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 1,720 shares traded hands during mid-day trading, an increase of 282% from the previous session's volume of 450 shares.The stock last traded at $2.69 and had previously closed at $2.64.

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd Price Performance

The firm has a 50 day moving average price of $2.06 and a 200-day moving average price of $2.09.

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, July 22nd. Investors of record on Monday, May 26th will be paid a $0.0797 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 7.8%.

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd Company Profile

(Get Free Report)

Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, initiates, promotes, develops, and operates toll expressways and bridges in the People's Republic of China. The company operates through Coastal Expressway (Shenzhen Section), GS Superhighway, GZ West Superhighway, and Xintang Interchange segments.

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