Short Interest in Sino Land Co. (OTCMKTS:SNLAY) Increases By 69.0%

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

Sino Land Price Performance

OTCMKTS SNLAY opened at $7.63 on Monday. Sino Land has a one year low of $4.50 and a one year high of $7.90. The company’s 50-day simple moving average is $6.95 and its two-hundred day simple moving average is $6.50.

About Sino Land

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.