Sands China Ltd. (OTCMKTS:SCHYY – Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 948 shares, a drop of 97.9% from the May 14th total of 45,847 shares. Based on an average daily volume of 82,959 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.
Sands China Price Performance
Shares of SCHYY opened at $19.36 on Wednesday. The stock has a fifty day simple moving average of $20.76 and a two-hundred day simple moving average of $22.95. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 4.44. Sands China has a 52-week low of $18.30 and a 52-week high of $29.04.
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.
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