Shangri-La Asia Ltd. (OTCMKTS:SHALY) Short Interest Update

Shangri-La Asia Ltd. (OTCMKTS:SHALY) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 217 shares, a decrease of 18.7% from the December 31st total of 267 shares. Based on an average trading volume of 11 shares, the short-interest ratio is presently 19.7 days. Based on an average trading volume of 11 shares, the short-interest ratio is presently 19.7 days.

Shangri-La Asia Price Performance

SHALY opened at $11.44 on Wednesday. The company’s 50 day simple moving average is $11.44 and its two-hundred day simple moving average is $11.33. Shangri-La Asia has a 1-year low of $10.40 and a 1-year high of $14.84. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.63 and a quick ratio of 1.62.

About Shangri-La Asia

Shangri-La Asia Limited is a Hong Kong–based hospitality group principally engaged in the development, ownership and operation of luxury hotels, resorts and serviced apartments. The company’s flagship brand, Shangri-La Hotels and Resorts, encompasses properties that feature high-end accommodations, specialty dining venues, spa and wellness facilities, and meeting and event spaces tailored for both leisure and business travelers. In addition to its core Shangri-La portfolio, the company manages a range of complementary brands, including Kerry Hotels, Hotel Jen and Traders Hotels, each designed to address distinct market segments within the hotel industry.

Since its establishment in 1971 by entrepreneur Robert Kuok, Shangri-La Asia has expanded its footprint across more than 20 countries and territories.