Sino Land Co. (OTCMKTS:SNLAY) Sees Large Growth in Short Interest

Sino Land Co. (OTCMKTS:SNLAY) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 7,939 shares, a growth of 69.0% from the December 31st total of 4,697 shares. Based on an average trading volume of 4,108 shares, the short-interest ratio is currently 1.9 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,108 shares, the short-interest ratio is currently 1.9 days.

Sino Land Trading Down 2.3%

Shares of Sino Land stock opened at $7.63 on Friday. Sino Land has a 1-year low of $4.50 and a 1-year high of $7.90. The company’s fifty day simple moving average is $6.95 and its 200-day simple moving average is $6.49.

Sino Land Company Profile

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.