Sands China Ltd. (OTCMKTS:SCHYY) Short Interest Down 93.2% in February

Sands China Ltd. (OTCMKTS:SCHYY) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,849 shares, a decrease of 93.2% from the January 29th total of 27,056 shares. Based on an average daily volume of 60,235 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 60,235 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Zacks Research cut shares of Sands China from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 9th. HSBC raised Sands China to a “buy” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold”.

Sands China Stock Performance

SCHYY stock traded down $0.25 during mid-day trading on Wednesday, reaching $23.10. 27,051 shares of the stock traded hands, compared to its average volume of 38,377. The business has a 50-day moving average of $24.35 and a two-hundred day moving average of $25.56. Sands China has a 52 week low of $15.41 and a 52 week high of $29.04. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 5.55.

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.