Sands China Ltd. (OTCMKTS:SCHYY – Get Free Report) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 12,300 shares, a growth of 28.1% from the March 31st total of 9,600 shares. Based on an average daily trading volume, of 44,700 shares, the days-to-cover ratio is presently 0.3 days.
Sands China Price Performance
OTCMKTS:SCHYY traded up $0.57 during mid-day trading on Monday, reaching $24.34. 70,966 shares of the stock were exchanged, compared to its average volume of 30,430. The business has a fifty day moving average price of $27.39 and a 200 day moving average price of $27.57. Sands China has a 1-year low of $22.90 and a 1-year high of $39.79.
Wall Street Analysts Forecast Growth
Separately, Seaport Res Ptn reiterated a “buy” rating on shares of Sands China in a research note on Sunday, April 14th.
About Sands China
Sands China Ltd. develops, owns, and operates integrated resorts and casinos in Macao. It owns and operates The Venetian Macao, The Londoner Macao, The Parisian Macao resort, The Plaza Macao, and The Sands Macao casino; the Cotai Expo, a convention and exhibition hall; and the Cotai Arena and the Londoner Arena entertainment venues, as well as Cotai Water Jet ferry for leisure and business travelers.
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