Short Interest in Sino Land Co. (OTCMKTS:SNLAY) Grows By 745.0%

by · The Markets Daily

Sino Land Co. (OTCMKTS:SNLAY – Get Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 6,887 shares, an increase of 745.0% from the July 15th total of 815 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 3,265 shares, the short-interest ratio is presently 2.1 days.

Sino Land Trading Up 1.6%

Shares of OTCMKTS SNLAY traded up $0.11 during midday trading on Tuesday, reaching $7.09. 28,650 shares of the stock were exchanged, compared to its average volume of 4,163. The business has a 50-day simple moving average of $7.02 and a two-hundred day simple moving average of $7.56. Sino Land has a 12 month low of $5.55 and a 12 month high of $8.89.

Sino Land Company Profile

(Get Free Report)

Sino Land Company Limited is a Hong Kong–based property developer and a core member of the privately held Sino Group, which was founded in 1971. The company is publicly listed on the Hong Kong Stock Exchange, and its American Depositary Receipt trades on the OTC market under the symbol SNLAY. Over several decades, Sino Land has established itself as one of the city’s leading real estate firms, leveraging the resources and development experience of its parent group.

The company’s primary activities encompass property development, investment and asset management across a diverse portfolio of residential, office, retail and industrial projects.

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