Metallurgical Co. of China Ltd. (OTCMKTS:MLLUY) experienced a significant decrease in short interest during the month of June. The short interest as of June 30th was 200 shares, a 33.3% decrease from the previous total of 300 shares on June 15th. With an average trading volume of 100 shares, the days-to-cover ratio is currently 2.0 days.
The stock price of MLLUY remained flat at $4.81 on Tuesday, with a trading volume of 10 shares compared to the average volume of 11. The company has a market capitalization of $4.98 billion, a price-to-earnings ratio of 4.22, and a beta of 0.47. It has a twelve month low of $3.10 and a twelve month high of $6.64. The fifty day simple moving average is $5.05 and the two-hundred day simple moving average is $4.76.
Metallurgical Co. of China recently announced a dividend, which will be paid on August 30th. Stockholders of record on July 27th will receive a dividend of $0.1834 per share. The ex-dividend date for this dividend is July 26th. This is an increase from the company's previous dividend of $0.18. The dividend payout ratio is 15.79%.
Metallurgical Corporation of China Ltd. is engaged in engineering contracting, property development, equipment manufacture, and resource development businesses in China and internationally. Its Engineering Contracting segment provides engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects.