Sino Land Co. (OTCMKTS:SNLAY) Stock Short Interest Report for October

Sino Land Co. (OTCMKTS:SNLAY) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 3,056 shares, a drop of 66.5% from the September 30th total of 9,131 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 13,505 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Sino Land to a “hold” rating in a research note on Thursday, September 3rd. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Sino Land presently has a consensus rating of “Moderate Buy”.

Sino Land Trading Up 3.6%

Shares of SNLAY stock opened at $7.40 on Thursday. Sino Land has a 1 year low of $5.94 and a 1 year high of $8.89. The firm’s fifty day moving average price is $6.73 and its two-hundred day moving average price is $7.32.

Sino Land Company Profile

Sino Land Company Limited is a Hong Kong-based property developer and investment company and the flagship real estate business of Sino Group. The company develops, owns and manages residential, commercial, retail and industrial properties, as well as office buildings, shopping centers and car parks.

In addition to property development and investment, Sino Land has interests in hotel ownership and operations, property management, club management and related services. Its hotel portfolio includes properties operated under the group’s own brands and other international hospitality brands.

The company’s activities are primarily focused on Hong Kong, with additional business interests in mainland China and Singapore.