Chorus Limited (OTCMKTS:CHRYY) Short Interest Update

Chorus Limited (OTCMKTS:CHRYY - Get Free Report) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 400 shares, an increase of 100.0% from the July 31st total of 200 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 0.2 days.

Chorus Stock Down 4.4 %

Shares of OTCMKTS CHRYY traded down $1.15 during midday trading on Wednesday, reaching $24.85. 474 shares of the stock traded hands, compared to its average volume of 874. The company's 50 day moving average is $23.52 and its 200 day moving average is $22.92. Chorus has a one year low of $19.95 and a one year high of $26.00.

Chorus Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, October 18th. Stockholders of record on Tuesday, September 17th will be given a dividend of $0.7539 per share. The ex-dividend date is Tuesday, September 17th. This is a positive change from Chorus's previous dividend of $0.47.

About Chorus

Chorus Limited, together with its subsidiaries, provides fixed line communications infrastructure services in New Zealand. It offers phone and broadband services for residential and business customers; data and voice services; and asymmetric digital subscriber line and high-speed digital subscriber line broadband services, as well as solutions for transport and infrastructure.