Sands China Ltd. (OTCMKTS:SCHYY) Sees Large Increase in Short Interest

Sands China Ltd. (OTCMKTS:SCHYY) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 27,056 shares, an increase of 23,843.4% from the January 15th total of 113 shares. Based on an average daily volume of 132,443 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 132,443 shares, the short-interest ratio is presently 0.2 days.

Sands China Stock Performance

Shares of OTCMKTS SCHYY opened at $23.65 on Thursday. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 5.55. The firm’s 50-day simple moving average is $24.86 and its 200 day simple moving average is $25.61. Sands China has a 12-month low of $15.41 and a 12-month high of $29.04.

Analysts Set New Price Targets

Several brokerages recently weighed in on SCHYY. Zacks Research lowered shares of Sands China from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 9th. HSBC upgraded Sands China to a “buy” rating in a report on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

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.