Kunlun Energy Company Limited (OTCMKTS:KLYCY – Get Free Report) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 900 shares, an increase of 125.0% from the May 31st total of 400 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is currently 0.8 days.
Kunlun Energy Price Performance
Shares of OTCMKTS:KLYCY opened at $10.87 on Friday. Kunlun Energy has a fifty-two week low of $6.92 and a fifty-two week high of $11.12. The business has a 50-day simple moving average of $10.17 and a two-hundred day simple moving average of $9.32.
Kunlun Energy Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, August 2nd. Shareholders of record on Tuesday, June 4th will be given a $0.3455 dividend. This is a positive change from Kunlun Energy’s previous dividend of $0.32. The ex-dividend date of this dividend is Tuesday, June 4th.
About Kunlun Energy
Kunlun Energy Company Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through four segments: Natural Gas Sales; Sales of Liquefied Petroleum Gas (LPG); Liquefied Natural Gas (LNG) Processing and Terminal; and Exploration and Production.
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