Sands China Ltd. (OTCMKTS:SCHYY) Sees Large Increase in Short Interest

Sands China Ltd. (OTCMKTS:SCHYYGet Rating) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 900 shares, an increase of 350.0% from the March 31st total of 200 shares. Based on an average trading volume of 120,800 shares, the short-interest ratio is presently 0.0 days.

Sands China stock opened at $21.85 on Thursday. Sands China has a 52 week low of $17.51 and a 52 week high of $49.16. The company’s 50 day moving average price is $24.11 and its two-hundred day moving average price is $24.29. The company has a debt-to-equity ratio of 8.95, a current ratio of 0.82 and a quick ratio of 0.80.

A number of brokerages have weighed in on SCHYY. Zacks Investment Research upgraded Sands China from a “sell” rating to a “hold” rating in a report on Tuesday, March 22nd. The Goldman Sachs Group upgraded Sands China from a “buy” rating to a “conviction-buy” rating in a research note on Sunday, January 16th.

Sands China Company Profile (Get Rating)

Sands China Ltd., an investment holding company, develops, owns, and operates integrated resorts and casinos in Macao. It owns and operates The Venetian Macao, The Londoner Macao, The Parisian Macao resort, The Plaza Macao, and The Sands Macao casino; the Cotai Expo, a convention and exhibition hall; and the Cotai Arena, an entertainment venue, as well as Cotai Water Jet ferry for leisure and business travelers.

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