Short Interest in Shimao Group Holdings Limited (OTCMKTS:SIOPF) Declines By 28.4%

Shimao Group Holdings Limited (OTCMKTS:SIOPF) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,080,800 shares, a decrease of 28.4% from the September 30th total of 1,509,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Shimao Group Stock Performance

Shimao Group stock opened at $0.10 on Wednesday. The company has a 50-day simple moving average of $0.10 and a 200-day simple moving average of $0.10. Shimao Group has a one year low of $0.10 and a one year high of $0.15.

Shimao Group Company Profile

Shimao Group Holdings Limited, an investment holding company, engages in the property development and investment business in the People’s Republic of China. The company develops and invests residential and commercial properties; and operates hotels and shopping malls. It is also involved in the trading of construction materials; management services; and property management activities.