Sands China Ltd. (OTCMKTS:SCHYY) Short Interest Update

Sands China Ltd. (OTCMKTS:SCHYY) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 3,213 shares, a decline of 94.4% from the June 30th total of 56,910 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 184,961 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

SCHYY has been the topic of several research analyst reports. Morgan Stanley cut Sands China from an “overweight” rating to an “equal weight” rating in a research note on Monday, June 22nd. Zacks Research lowered shares of Sands China from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Sands China Stock Up 3.1%

Shares of OTCMKTS SCHYY traded up $0.54 during trading hours on Friday, hitting $17.82. The stock had a trading volume of 61,766 shares, compared to its average volume of 89,020. The firm’s 50-day moving average price is $18.08 and its two-hundred day moving average price is $20.90. Sands China has a 52 week low of $16.39 and a 52 week high of $29.04. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 4.44.

Sands China Company Profile

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.