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

Shimao Group Holdings Limited (OTCMKTS:SIOPFGet Free Report) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 7,499 shares, a growth of 399.9% from the February 12th total of 1,500 shares. Based on an average trading volume of 1,333 shares, the short-interest ratio is currently 5.6 days. Based on an average trading volume of 1,333 shares, the short-interest ratio is currently 5.6 days.

Shimao Group Trading Down 24.4%

Shares of SIOPF traded down $0.01 on Tuesday, reaching $0.02. The stock had a trading volume of 10,000 shares, compared to its average volume of 7,500. The company has a 50-day simple moving average of $0.03 and a 200-day simple moving average of $0.07. Shimao Group has a 12-month low of $0.02 and a 12-month high of $0.04.

About Shimao Group

(Get Free Report)

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.

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