Short Interest in Shimao Group Holdings Limited (OTCMKTS:SIOPF) Decreases By 25.0%
by Teresa Graham · The Cerbat GemShimao Group Holdings Limited (OTCMKTS:SIOPF – Get Free Report) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,500 shares, a decline of 25.0% from the December 15th total of 2,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Shimao Group Stock Performance
Shares of SIOPF remained flat at $0.19 during mid-day trading on Friday. Shimao Group has a 52-week low of $0.19 and a 52-week high of $0.19. The firm has a 50-day simple moving average of $0.19 and a two-hundred day simple moving average of $0.12.
About Shimao Group
Shimao Group Holdings Limited, an investment holding company, engages in the property development and investment business in the People’s Republic of China. The company develops and invests residential and commercial properties; and operates hotels and shopping malls. It is also involved in the trading of construction materials; management services; and property management activities.
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