Sino Land Company Limited (OTCMKTS:SNLAF – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 14,867,707 shares, an increase of 58.9% from the August 31st total of 9,355,458 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Sino Land Stock Performance
Shares of SNLAF stock opened at $1.36 on Thursday. The company’s fifty day moving average price is $1.36 and its 200-day moving average price is $1.41. Sino Land has a one year low of $1.32 and a one year high of $1.82.
About Sino Land
Sino Land Company Limited is a Hong Kong-based property developer and investment company. The company is part of the Sino Group and focuses primarily on the development, ownership, and management of residential, commercial, retail, and industrial properties.
In addition to property development, Sino Land has interests in hotel ownership and operations, property management, car park management, and related real estate services. Its portfolio includes properties in Hong Kong, with the broader Sino Group also maintaining investments and business activities in selected markets outside Hong Kong.
Sino Land traces its roots to the early 1970s and has played a role in the development of residential communities, office buildings, shopping centers, and mixed-use projects.
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