Shimao Group Holdings Limited (OTCMKTS:SIOPF) Short Interest Update

Shimao Group Holdings Limited (OTCMKTS:SIOPF) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 21,320 shares, a growth of 184.3% from the February 26th total of 7,499 shares. Based on an average daily trading volume, of 4,000 shares, the short-interest ratio is presently 5.3 days. Based on an average daily trading volume, of 4,000 shares, the short-interest ratio is presently 5.3 days.

Shimao Group Price Performance

Shares of SIOPF remained flat at $0.03 during mid-day trading on Wednesday. Shimao Group has a 52 week low of $0.02 and a 52 week high of $0.04. The business has a 50-day simple moving average of $0.03 and a two-hundred day simple moving average of $0.07.

Shimao Group Company Profile

Shimao Group Holdings Limited (OTCMKTS: SIOPF) is a leading property developer based in Shanghai, China, with a diversified portfolio spanning residential, commercial and hospitality projects. Established in 2001 by entrepreneur Hui Wing Mau, the company has grown to become one of the country’s most recognized real estate names, known for high-quality construction and innovative design. Shimao’s business model encompasses land acquisition, property development and asset management, supported by strategic partnerships and joint ventures.

The company’s core operations focus on the development of upscale residential communities, Grade A office towers and shopping complexes in major Chinese cities.