Sands China Ltd. (OTCMKTS:SCHYY) Short Interest Update

Sands China Ltd. (OTCMKTS:SCHYY) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 16,959 shares, a drop of 55.2% from the March 31st total of 37,847 shares. Based on an average daily volume of 56,414 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, HSBC raised Sands China to a “buy” rating in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Sands China Stock Performance

SCHYY stock opened at $20.93 on Monday. Sands China has a 52 week low of $17.23 and a 52 week high of $29.04. The company has a debt-to-equity ratio of 4.44, a current ratio of 0.85 and a quick ratio of 0.84. The firm has a 50-day simple moving average of $22.09 and a 200-day simple moving average of $24.15.

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.