Short Interest in Zhuzhou CRRC Times Electric Co., Ltd. (OTCMKTS:ZHUZY) Increases By 400.0%

Zhuzhou CRRC Times Electric Co., Ltd. (OTCMKTS:ZHUZY) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 500 shares, an increase of 400.0% from the July 15th total of 100 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is presently 1.0 days.

Zhuzhou CRRC Times Electric Stock Performance

Shares of ZHUZY remained flat at C$16.91 during mid-day trading on Monday. The firm’s 50-day simple moving average is C$16.16 and its two-hundred day simple moving average is C$15.16. Zhuzhou CRRC Times Electric has a twelve month low of C$12.92 and a twelve month high of C$18.30.

Zhuzhou CRRC Times Electric Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, August 23rd. Shareholders of record on Wednesday, July 3rd will be issued a dividend of $0.4346 per share. This is an increase from Zhuzhou CRRC Times Electric’s previous dividend of $0.31. The ex-dividend date is Wednesday, July 3rd.

About Zhuzhou CRRC Times Electric

Zhuzhou CRRC Times Electric Co, Ltd., together with its subsidiaries, engages in the manufacture and sale of propulsion and control systems to rolling stock industry in Mainland China and internationally. The company offers rail transit electrical equipment, such as traction converter systems of rail transit vehicles, railway engineering machinery, and communication signal systems.