Sino Land Co. (OTCMKTS:SNLAY – Get Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,631 shares, a growth of 1,370.2% from the May 31st total of 315 shares. Based on an average daily trading volume, of 19,063 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.
Sino Land Stock Down 2.9%
Sino Land stock traded down $0.20 on Friday, reaching $6.76. 3,518 shares of the stock were exchanged, compared to its average volume of 8,508. Sino Land has a twelve month low of $4.97 and a twelve month high of $8.89. The firm has a fifty day moving average price of $7.80 and a two-hundred day moving average price of $7.57.
About Sino Land
Sino Land Company Limited is a Hong Kong–based property developer and a core member of the privately held Sino Group, which was founded in 1971. The company is publicly listed on the Hong Kong Stock Exchange, and its American Depositary Receipt trades on the OTC market under the symbol SNLAY. Over several decades, Sino Land has established itself as one of the city’s leading real estate firms, leveraging the resources and development experience of its parent group.
The company’s primary activities encompass property development, investment and asset management across a diverse portfolio of residential, office, retail and industrial projects.
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