CAR Group Limited (OTCMKTS:CSXXY) Short Interest Update

CAR Group Limited (OTCMKTS:CSXXY) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 800 shares, an increase of 700.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 0.7 days.

CAR Group Stock Up 1.9 %

OTCMKTS CSXXY traded up $0.78 on Wednesday, hitting $42.60. 189 shares of the stock were exchanged, compared to its average volume of 2,472. CAR Group has a 52-week low of $36.94 and a 52-week high of $54.99. The stock has a fifty day moving average price of $44.83 and a two-hundred day moving average price of $48.12.

CAR Group Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 29th. Investors of record on Monday, March 17th will be issued a dividend of $0.483 per share. This is an increase from CAR Group’s previous dividend of $0.22. The ex-dividend date of this dividend is Monday, March 17th.

CAR Group Company Profile

CAR Group Limited engages in the operation of online automotive, motorcycle, and marine classifieds business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through six segments: Australia Online Advertising Services; Australia Data, Research and Services; Investments; North America; Latin America; and Asia segments.