Shimao Group Holdings Limited (OTCMKTS:SIOPF) Short Interest Up 5,570.9% in July

Shimao Group Holdings Limited (OTCMKTS:SIOPF) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 85,063 shares, a growth of 5,570.9% from the July 15th total of 1,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Shimao Group Price Performance

OTCMKTS:SIOPF remained flat at $0.03 on Tuesday. The stock’s fifty day simple moving average is $0.03 and its 200-day simple moving average is $0.03. Shimao Group has a 12-month low of $0.02 and a 12-month high of $0.04.

About Shimao Group

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.