Jardine Cycle & Carriage Limited (OTCMKTS:JCYGY) Short Interest Up 533.3% in August

Jardine Cycle & Carriage Limited (OTCMKTS:JCYGY) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 1,900 shares, a growth of 533.3% from the August 15th total of 300 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is currently 1.5 days.

Jardine Cycle & Carriage Trading Down 4.3 %

OTCMKTS JCYGY opened at $46.10 on Friday. The firm’s 50 day simple moving average is $49.02 and its 200 day simple moving average is $48.42. Jardine Cycle & Carriage has a 1 year low of $39.92 and a 1 year high of $53.39.

Jardine Cycle & Carriage Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 13th. Investors of record on Tuesday, September 5th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Friday, September 1st. Jardine Cycle & Carriage’s payout ratio is 41.61%.

Jardine Cycle & Carriage Company Profile

Jardine Cycle & Carriage Limited, an investment holding company, engages in the automotive, financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally. It manufactures, distributes, and retails motor vehicles; and provides aftersales services, as well as manufactures and distributes automotive components.