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

Sands China Ltd. (OTCMKTS:SCHYY) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 56,910 shares, a growth of 82.9% from the June 15th total of 31,122 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 192,349 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Several research firms have weighed in on SCHYY. Morgan Stanley cut shares of Sands China from an “overweight” rating to an “equal weight” rating in a report on Monday, June 22nd. Zacks Research upgraded Sands China from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Sands China Stock Performance

SCHYY stock opened at $16.67 on Friday. Sands China has a fifty-two week low of $16.39 and a fifty-two week high of $29.04. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 4.44. The business’s fifty day moving average price is $18.41 and its two-hundred day moving average price is $21.18.

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.