Sands China Ltd. (OTCMKTS:SCHYY) Short Interest Down 99.6% in January

Sands China Ltd. (OTCMKTS:SCHYY) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 113 shares, a decrease of 99.6% from the December 31st total of 26,300 shares. Based on an average trading volume of 42,359 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 42,359 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. HSBC raised shares of Sands China to a “buy” rating in a research note on Thursday, January 15th. Hsbc Global Res upgraded shares of Sands China from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 15th. Finally, Zacks Research downgraded shares of Sands China from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 9th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Sands China Price Performance

Sands China stock opened at $23.91 on Thursday. Sands China has a 52 week low of $15.41 and a 52 week high of $29.04. The firm’s 50-day simple moving average is $25.54 and its 200 day simple moving average is $25.69. The company has a current ratio of 0.63, a quick ratio of 0.61 and a debt-to-equity ratio of 5.55.

About Sands China

Sands China Ltd is a Macau-based developer and operator of integrated resorts and casino properties. As a subsidiary of Las Vegas Sands Corp., the company focuses on the development, ownership and operation of large-scale destination resorts that combine gaming with hotels, retail, dining, meetings and entertainment. Its portfolio includes well-known integrated resorts on the Macau Peninsula and the Cotai Strip that are designed to serve both leisure tourists and business travelers.

The company’s core activities include casino gaming operations (table games and electronic gaming), hotel management, retail mall operations, food and beverage services, and the provision of convention and exhibition facilities.