Shimao Group Holdings Limited (OTCMKTS:SIOPF – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 85,063 shares, a growth of 5,570.9% from the July 15th total of 1,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Shimao Group Stock Performance
OTCMKTS:SIOPF opened at $0.03 on Wednesday. The stock’s 50 day moving average price is $0.03 and its 200 day moving average price is $0.03. Shimao Group has a 52-week low of $0.02 and a 52-week high of $0.04.
About Shimao Group
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.
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