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

Sands China Ltd. (OTCMKTS:SCHYY) saw a large decrease in short interest during the month of 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 shares of the stock are sold short. Based on an average trading volume of 27,256 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 27,256 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the shares of the stock are sold short.

Sands China Trading Down 1.0%

Shares of Sands China stock opened at $25.33 on Wednesday. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 5.55. Sands China has a 52 week low of $15.41 and a 52 week high of $29.04. The business’s fifty day simple moving average is $26.34 and its 200-day simple moving average is $25.30.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered Sands China from a “hold” rating to a “strong sell” rating in a research note 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

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.