Shimao Group Holdings Limited (OTCMKTS:SIOPF) Short Interest Update

Shimao Group Holdings Limited (OTCMKTS:SIOPF) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 7,499 shares, an increase of 399.9% from the February 12th total of 1,500 shares. Based on an average daily trading volume, of 1,333 shares, the days-to-cover ratio is currently 5.6 days. Based on an average daily trading volume, of 1,333 shares, the days-to-cover ratio is currently 5.6 days.

Shimao Group Price Performance

Shares of SIOPF traded down $0.01 during mid-day trading on Tuesday, hitting $0.02. 10,000 shares of the company’s stock traded hands, compared to its average volume of 7,500. The business’s 50-day moving average price is $0.03 and its 200-day moving average price is $0.07. Shimao Group has a 1 year low of $0.02 and a 1 year high of $0.04.

Shimao Group Company Profile

Shimao Group Holdings Limited (OTCMKTS: SIOPF) is a leading property developer based in Shanghai, China, with a diversified portfolio spanning residential, commercial and hospitality projects. Established in 2001 by entrepreneur Hui Wing Mau, the company has grown to become one of the country’s most recognized real estate names, known for high-quality construction and innovative design. Shimao’s business model encompasses land acquisition, property development and asset management, supported by strategic partnerships and joint ventures.

The company’s core operations focus on the development of upscale residential communities, Grade A office towers and shopping complexes in major Chinese cities.