Short Interest in Shimao Group Holdings Limited (OTCMKTS:SIOPF) Expands By 666.6%

Shimao Group Holdings Limited (OTCMKTS:SIOPF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 11,499 shares, an increase of 666.6% from the December 15th total of 1,500 shares. Based on an average trading volume of 7,331 shares, the short-interest ratio is presently 1.6 days. Based on an average trading volume of 7,331 shares, the short-interest ratio is presently 1.6 days.

Shimao Group Price Performance

Shimao Group stock remained flat at $0.03 during trading on Monday. Shimao Group has a 1-year low of $0.03 and a 1-year high of $0.10. The company has a 50 day moving average price of $0.08 and a two-hundred day moving average price of $0.09.

Shimao Group Company Profile

Shimao Group Holdings Limited (OTCMKTS: SIOPF) is a leading property developer based in Shanghai, China, with a diversified portfolio spanning residential, commercial and hospitality projects. Established in 2001 by entrepreneur Hui Wing Mau, the company has grown to become one of the country’s most recognized real estate names, known for high-quality construction and innovative design. Shimao’s business model encompasses land acquisition, property development and asset management, supported by strategic partnerships and joint ventures.

The company’s core operations focus on the development of upscale residential communities, Grade A office towers and shopping complexes in major Chinese cities.