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

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

Analyst Ratings Changes

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

Sands China Trading Down 0.9%

Sands China stock opened at $16.67 on Friday. Sands China has a 12 month low of $16.39 and a 12 month high of $29.04. The stock has a fifty day simple moving average of $18.41 and a two-hundred day simple moving average of $21.18. The company has a debt-to-equity ratio of 4.44, a current ratio of 0.85 and a quick ratio of 0.84.

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.