Sands China Ltd. (OTCMKTS:SCHYY) Stock Short Interest Climbs 56.6%

Sands China Ltd. (OTCMKTS:SCHYY – Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 35,949 shares, a growth of 56.6% from the August 31st total of 22,961 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 162,767 shares, the short-interest ratio is presently 0.2 days.

Sands China Price Performance

Shares of Sands China stock traded up $0.12 on Wednesday, reaching $15.05. 35,475 shares of the company were exchanged, compared to its average volume of 60,555. Sands China has a fifty-two week low of $14.86 and a fifty-two week high of $28.12. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 4.44. The stock has a fifty day moving average price of $17.54 and a 200-day moving average price of $18.94.

Wall Street Analyst Weigh In

SCHYY has been the topic of a number of research reports. Morgan Stanley downgraded shares of Sands China from an “overweight” rating to an “equal weight” rating in a report on Monday, June 22nd. Zacks Research upgraded shares of Sands China from a “strong sell” rating to a “hold” rating in a report on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Sands China has a consensus rating of “Moderate Buy”.

View Our Latest Report on SCHYY

Sands China Company Profile

(Get Free Report)

Sands China Ltd. is an integrated resort developer and operator based in Macau. The company is a subsidiary of Las Vegas Sands Corp. and focuses on providing a broad range of leisure, entertainment and business services, with gaming as one component of its resort offerings.

Its portfolio includes The Venetian Macao, The Parisian Macao, The Londoner Macao, The Plaza Macao and Four Seasons Hotel Macao, as well as Sands Macao. These properties offer casino gaming, hotel accommodations, convention and exhibition facilities, retail shopping, restaurants, entertainment venues and other tourism-related services.

Sands China has played a major role in the development of Macau’s Cotai district, where several of its large-scale integrated resorts are located.

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