Sino Land Co. (OTCMKTS:SNLAY) Sees Significant Growth in Short Interest

Sino Land Co. (OTCMKTS:SNLAY) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,631 shares, an increase of 1,370.2% from the May 31st total of 315 shares. Based on an average trading volume of 19,063 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Sino Land Price Performance

Shares of OTCMKTS SNLAY traded down $0.03 during trading on Thursday, hitting $6.96. 2,328 shares of the company were exchanged, compared to its average volume of 8,427. Sino Land has a 1 year low of $4.97 and a 1 year high of $8.89. The firm’s fifty day moving average price is $7.82 and its 200 day moving average price is $7.58.

Sino Land Company Profile

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.