Shimao Group Holdings Limited (OTCMKTS:SIOPF) Sees Significant Decline in Short Interest

Shimao Group Holdings Limited (OTCMKTS:SIOPF) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 1,500 shares, a drop of 87.0% from the December 31st total of 11,499 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Shimao Group Price Performance

Shares of SIOPF stock remained flat at $0.03 during trading hours on Tuesday. Shimao Group has a one year low of $0.03 and a one year high of $0.10. The business’s 50-day moving average is $0.06 and its two-hundred day moving average is $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.