Sino Land Co. (OTCMKTS:SNLAY) Short Interest Update

Sino Land Co. (OTCMKTS:SNLAY) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 1,217 shares, a decrease of 77.0% from the August 15th total of 5,300 shares. Based on an average daily volume of 4,738 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Zacks Research upgraded Sino Land to a “hold” rating in a report on Thursday, September 3rd. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Sino Land Price Performance

SNLAY traded down $0.32 during trading hours on Friday, hitting $6.77. 25,978 shares of the company’s stock were exchanged, compared to its average volume of 7,469. Sino Land has a 12-month low of $5.90 and a 12-month high of $8.89. The firm has a 50 day moving average of $6.77 and a 200 day moving average of $7.38.

Sino Land Company Profile

Sino Land Company Limited is a Hong Kong-based property developer, investor and operator. Established in 1972, the company is part of Sino Group and focuses primarily on the development and management of residential, commercial, retail and mixed-use properties.

The company’s activities include property development, investment properties, property management and hospitality. Its portfolio includes residential communities, office buildings, shopping centers and integrated developments, as well as hotels and serviced residences operated through its hospitality businesses.

Sino Land’s operations are concentrated mainly in Hong Kong, where it has developed and manages properties across major urban districts.