Short Interest in Sands China Ltd. (OTCMKTS:SCHYY) Declines By 18.6%

Sands China Ltd. (OTCMKTS:SCHYY) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 23,142 shares, a decrease of 18.6% from the November 30th total of 28,420 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 27,256 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 27,256 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Sands China from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.

Sands China Stock Down 1.1%

Shares of Sands China stock opened at $25.05 on Friday. The business has a 50-day simple moving average of $26.37 and a 200-day simple moving average of $25.30. The company has a debt-to-equity ratio of 5.55, a current ratio of 0.63 and a quick ratio of 0.61. Sands China has a one year low of $15.41 and a one year high of $29.04.

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.