Sands China Ltd. (OTCMKTS:SCHYY) Short Interest Up 82.9% in June

Sands China Ltd. (OTCMKTS:SCHYY) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 56,910 shares, a growth of 82.9% from the June 15th total of 31,122 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 192,349 shares, the short-interest ratio is currently 0.3 days.

Sands China Stock Performance

Shares of SCHYY stock opened at $16.83 on Friday. Sands China has a 12 month low of $16.39 and a 12 month high of $29.04. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 4.44. The business’s 50 day moving average is $18.49 and its two-hundred day moving average is $21.21.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on SCHYY shares. Morgan Stanley downgraded shares of Sands China from an “overweight” rating to an “equal weight” rating in a research report on Monday, June 22nd. Zacks Research raised Sands China from a “strong sell” rating to a “hold” rating in a research report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

About Sands China

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.