Sino Land Co. (OTCMKTS:SNLAY) Sees Large Growth in Short Interest

Sino Land Co. (OTCMKTS:SNLAY) was the target of a large increase in short interest in 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 short-interest ratio is presently 3.5 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 4,302 shares, the short-interest ratio is presently 3.5 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Sino Land from a “strong sell” rating to a “buy” rating in a research note on Wednesday, February 18th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Sino Land Stock Down 0.2%

Sino Land stock opened at $8.10 on Monday. The stock’s 50 day moving average is $7.48 and its 200 day moving average is $6.83. Sino Land has a one year low of $4.50 and a one year high of $8.45.

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.