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

Sands China Ltd. (OTCMKTS:SCHYY) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 31,122 shares, an increase of 3,182.9% from the May 31st total of 948 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 175,296 shares, the days-to-cover ratio is presently 0.2 days.

Sands China Trading Down 0.8%

SCHYY stock traded down $0.13 during midday trading on Thursday, reaching $16.77. 83,150 shares of the company were exchanged, compared to its average volume of 81,714. 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 has a 50-day moving average price of $19.93 and a two-hundred day moving average price of $22.30. Sands China has a one year low of $16.66 and a one year high of $29.04.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on SCHYY shares. Morgan Stanley downgraded shares of Sands China from an “overweight” rating to an “equal weight” rating in a research note on Monday. Zacks Research upgraded Sands China from a “strong sell” rating to a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Sands China presently has a consensus rating of “Moderate Buy”.

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.