Short Interest in Sands China Ltd. (OTCMKTS:SCHYY) Drops By 93.7%

Sands China Ltd. (OTCMKTS:SCHYY) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 5,447 shares, a drop of 93.7% from the February 26th total of 86,796 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 181,977 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 181,977 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Sands China Stock Up 1.9%

OTCMKTS:SCHYY traded up $0.41 during mid-day trading on Wednesday, reaching $21.73. The stock had a trading volume of 1,347 shares, compared to its average volume of 50,353. The business’s 50 day moving average is $22.86 and its 200 day moving average is $24.98. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 4.44. Sands China has a fifty-two week low of $15.41 and a fifty-two week high of $29.04.

Analysts Set New Price Targets

A number of research firms recently commented on SCHYY. Zacks Research lowered shares of Sands China from a “hold” rating to a “strong sell” rating in a research note on Tuesday, December 9th. HSBC raised shares of Sands China to a “buy” rating in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Sands China Company Profile

Sands China Ltd is a Macau-based developer and operator of integrated resorts and casino properties. As a subsidiary of Las Vegas Sands Corp., the company focuses on the development, ownership and operation of large-scale destination resorts that combine gaming with hotels, retail, dining, meetings and entertainment. Its portfolio includes well-known integrated resorts on the Macau Peninsula and the Cotai Strip that are designed to serve both leisure tourists and business travelers.

The company’s core activities include casino gaming operations (table games and electronic gaming), hotel management, retail mall operations, food and beverage services, and the provision of convention and exhibition facilities.