Shimao Group Holdings Limited (OTCMKTS:SIOPF) Short Interest Update

Shimao Group Holdings Limited (OTCMKTS:SIOPF) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,080,800 shares, a drop of 28.4% from the September 30th total of 1,509,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Shimao Group Price Performance

SIOPF stock opened at $0.10 on Tuesday. Shimao Group has a twelve month low of $0.10 and a twelve month high of $0.15. The firm has a 50 day simple moving average of $0.10 and a 200-day simple moving average of $0.11.

About Shimao Group

Shimao Group Holdings Limited, an investment holding company, engages in the property development and investment business in the People’s Republic of China. The company develops and invests residential and commercial properties; and operates hotels and shopping malls. It is also involved in the trading of construction materials; management services; and property management activities.