Sun Art Retail Group Limited (OTCMKTS:SURRY) Short Interest Update

Sun Art Retail Group Limited (OTCMKTS:SURRY) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 1,142 shares, a growth of 48.5% from the December 15th total of 769 shares. Based on an average daily volume of 859 shares, the days-to-cover ratio is presently 1.3 days. Based on an average daily volume of 859 shares, the days-to-cover ratio is presently 1.3 days.

Sun Art Retail Group Stock Performance

Shares of OTCMKTS SURRY opened at $1.97 on Friday. The business has a fifty day simple moving average of $2.06 and a 200 day simple moving average of $2.43. Sun Art Retail Group has a one year low of $1.87 and a one year high of $3.52.

Sun Art Retail Group Announces Dividend

The company also recently declared a dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Thursday, November 27th will be issued a dividend of $0.0875 per share. The ex-dividend date is Wednesday, November 26th. This represents a yield of 1,922.0%. Sun Art Retail Group’s dividend payout ratio (DPR) is presently 66.73%.

Sun Art Retail Group Company Profile

Sun Art Retail Group Co, Ltd. (OTCMKTS:SURRY) is a leading hypermarket operator in Mainland China, offering a wide assortment of groceries, fresh produce and general merchandise. The company operates stores under the RT-Mart and Auchan banners across multiple provinces and cities, catering to urban and suburban consumers seeking one-stop shopping solutions.

Established in 1998, Sun Art Retail Group has grown through continuous investment in supply chain infrastructure and technology. In 2020, the company formed a strategic alliance with Alibaba Group and Ruentex Corporation following the acquisition of its former international partner’s stake, positioning Sun Art to leverage advanced e-commerce capabilities and data analytics for omnichannel expansion.

Sun Art’s product portfolio encompasses fresh fruits, vegetables, seafood and meat, dry groceries, household appliances, apparel and general merchandise.