Sands China Ltd. (OTCMKTS:SCHYY – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 109,391 shares, an increase of 93.3% from the September 30th total of 56,592 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 262,695 shares, the days-to-cover ratio is presently 0.4 days.
Sands China Stock Performance
SCHYY traded up $0.51 during trading on Monday, reaching $14.11. The company’s stock had a trading volume of 82,830 shares, compared to its average volume of 70,494. The firm has a fifty day simple moving average of $15.72 and a two-hundred day simple moving average of $19.26. Sands China has a 1 year low of $13.25 and a 1 year high of $28.12. The company has a current ratio of 0.61, a quick ratio of 0.59 and a debt-to-equity ratio of 4.40.
Analyst Ratings Changes
Separately, Zacks Research lowered Sands China from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 27th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Sands China currently has a consensus rating of “Hold”.
Get Our Latest Stock Report on Sands China
About Sands China
Sands China Ltd. is an integrated resort developer and operator based in Macau. The company is a subsidiary of Las Vegas Sands Corp. and focuses on providing gaming, hospitality, entertainment, retail, dining and convention services in the Macau market.
Its portfolio includes The Venetian Macao, The Londoner Macao, The Parisian Macao, Sands Macao and the Plaza Macao, which includes Four Seasons Hotel Macao. These properties combine casino gaming with luxury hotels, shopping malls, restaurants, theaters, entertainment venues and meeting and exhibition facilities.
Sands China has played a significant role in the development of Macau’s Cotai area as a major integrated-resort and tourism destination.
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