Sino Land Company Limited (OTCMKTS:SNLAY) Short Interest Update

Sino Land Company Limited (OTCMKTS:SNLAY) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 8,200 shares, a growth of 49.1% from the March 31st total of 5,500 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is presently 4.1 days.

Sino Land Stock Up 1.1 %

Shares of SNLAY traded up $0.06 during mid-day trading on Friday, reaching $5.35. The company had a trading volume of 29,774 shares, compared to its average volume of 12,177. The stock has a 50 day moving average of $5.25 and a two-hundred day moving average of $5.21. Sino Land has a 52-week low of $4.86 and a 52-week high of $6.98.

Sino Land Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, April 29th. Investors of record on Thursday, March 7th will be issued a $0.0844 dividend. The ex-dividend date of this dividend is Wednesday, March 6th.

About Sino Land

Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties. It operates through six segments: Property Sales, Property Rental, Property Management and Other Services, Hotel Operations, Investments in Securities, and Financing. The company's property portfolio includes shopping malls, offices, industrial buildings, residentials and car parks.