Sands China Ltd. (OTCMKTS:SCHYY) Short Interest Down 93.7% in March

Sands China Ltd. (OTCMKTS:SCHYY) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 5,447 shares, a decline of 93.7% from the February 26th total of 86,796 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 181,977 shares, the short-interest ratio is currently 0.0 days.

Sands China Trading Up 2.2%

Shares of SCHYY opened at $21.79 on Thursday. The company has a debt-to-equity ratio of 4.44, a quick ratio of 0.84 and a current ratio of 0.85. The company has a 50-day moving average of $22.81 and a two-hundred day moving average of $24.96. Sands China has a 12-month low of $15.41 and a 12-month high of $29.04.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. HSBC upgraded shares of Sands China to a “buy” rating in a research report on Thursday, January 15th. Zacks Research cut Sands China from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Sands China Company Profile

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.