Sino Land Co. (OTCMKTS:SNLAY) Short Interest Update

Sino Land Co. (OTCMKTS:SNLAY) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 14,990 shares, an increase of 44.1% from the January 29th total of 10,402 shares. Based on an average daily trading volume, of 4,302 shares, the days-to-cover ratio is currently 3.5 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 4,302 shares, the days-to-cover ratio is currently 3.5 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of Sino Land from a “strong sell” rating to a “buy” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.

Sino Land Stock Down 0.2%

Shares of OTCMKTS SNLAY opened at $8.10 on Friday. Sino Land has a 1-year low of $4.50 and a 1-year high of $8.45. The stock has a fifty day moving average price of $7.48 and a 200 day moving average price of $6.83.

Sino Land Company Profile

Sino Land Company Limited is a Hong Kong–based property developer and a core member of the privately held Sino Group, which was founded in 1971. The company is publicly listed on the Hong Kong Stock Exchange, and its American Depositary Receipt trades on the OTC market under the symbol SNLAY. Over several decades, Sino Land has established itself as one of the city’s leading real estate firms, leveraging the resources and development experience of its parent group.

The company’s primary activities encompass property development, investment and asset management across a diverse portfolio of residential, office, retail and industrial projects.