Shangri-La Asia Ltd. (OTCMKTS:SHALY) Short Interest Update

Shangri-La Asia Ltd. (OTCMKTS:SHALY) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 99 shares, a decline of 70.1% from the June 15th total of 331 shares. Based on an average daily trading volume, of 48 shares, the short-interest ratio is presently 2.1 days. Approximately 0.0% of the shares of the stock are sold short.

Shangri-La Asia Price Performance

OTCMKTS:SHALY remained flat at $10.40 during mid-day trading on Tuesday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.86 and a quick ratio of 1.84. The company has a 50 day simple moving average of $11.10 and a 200-day simple moving average of $11.38. Shangri-La Asia has a 1 year low of $10.40 and a 1 year high of $11.85.

About Shangri-La Asia

Shangri-La Asia Limited is a Hong Kong–based hospitality group principally engaged in the development, ownership and operation of luxury hotels, resorts and serviced apartments. The company’s flagship brand, Shangri-La Hotels and Resorts, encompasses properties that feature high-end accommodations, specialty dining venues, spa and wellness facilities, and meeting and event spaces tailored for both leisure and business travelers. In addition to its core Shangri-La portfolio, the company manages a range of complementary brands, including Kerry Hotels, Hotel Jen and Traders Hotels, each designed to address distinct market segments within the hotel industry.

Since its establishment in 1971 by entrepreneur Robert Kuok, Shangri-La Asia has expanded its footprint across more than 20 countries and territories.