Sino Land Company Limited (OTCMKTS:SNLAF – Get Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 4,090,706 shares, a drop of 42.8% from the April 30th total of 7,150,740 shares. Based on an average trading volume of 269 shares, the short-interest ratio is currently 15,207.1 days.
Sino Land Price Performance
OTCMKTS:SNLAF opened at $1.32 on Wednesday. Sino Land has a one year low of $1.32 and a one year high of $1.82. The company’s 50-day simple moving average is $1.52 and its 200 day simple moving average is $1.34.
About Sino Land
Sino Land Co, Limited is a Hong Kong–based property developer and the property flagship of the privately held Sino Group. The company engages in residential, office, retail and hotel development, as well as property investment and management. Its operations encompass the full development cycle from site acquisition and planning to construction, leasing and ongoing facilities management. Beyond core properties in Hong Kong, Sino Land holds a portfolio of commercial and mixed-use projects, and it operates integrated retail complexes and serviced apartments under its investment arm.
Founded in 1971 by the late real estate tycoon Ng Teng Fong, Sino Land has grown into one of the territory’s leading developers.
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