Short Interest in Sands China Ltd. (OTCMKTS:SCHYY) Decreases By 99.6%

Sands China Ltd. (OTCMKTS:SCHYY) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 113 shares, a drop of 99.6% from the December 31st total of 26,300 shares. Based on an average trading volume of 42,359 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 42,359 shares, the short-interest ratio is presently 0.0 days.

Sands China Trading Down 0.9%

Shares of SCHYY opened at $24.13 on Wednesday. The business has a 50-day simple moving average of $25.59 and a two-hundred day simple moving average of $25.70. The company has a debt-to-equity ratio of 5.55, a quick ratio of 0.61 and a current ratio of 0.63. Sands China has a 52 week low of $15.41 and a 52 week high of $29.04.

Analyst Ratings Changes

A number of research firms have commented on SCHYY. HSBC raised Sands China to a “buy” rating in a report on Thursday, January 15th. Zacks Research lowered Sands China from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 9th. Finally, Hsbc Global Res upgraded shares of Sands China from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Sands China presently 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.