Kunlun Energy Company Limited (OTCMKTS:KLYCY – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 900 shares, a growth of 125.0% from the May 31st total of 400 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 0.8 days.
Kunlun Energy Price Performance
KLYCY opened at $10.87 on Friday. The company has a fifty day moving average of $10.17 and a two-hundred day moving average of $9.32. Kunlun Energy has a fifty-two week low of $6.92 and a fifty-two week high of $11.12.
Kunlun Energy Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, August 2nd. Shareholders of record on Tuesday, June 4th will be given a dividend of $0.3455 per share. The ex-dividend date of this dividend is Tuesday, June 4th. This is an increase from Kunlun Energy’s previous dividend of $0.32.
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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