Sino Land Company Limited (OTCMKTS:SNLAF – Get Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 12,167,758 shares, a growth of 98.4% from the July 15th total of 6,133,760 shares. Based on an average daily trading volume, of 132,023 shares, the days-to-cover ratio is currently 92.2 days.
Sino Land Price Performance
Sino Land stock remained flat at $1.36 during midday trading on Monday. The business’s fifty day moving average is $1.34 and its two-hundred day moving average is $1.40. Sino Land has a 1 year low of $1.32 and a 1 year high of $1.82.
About Sino Land
Sino Land Co, Limited is a Hong Kong–based property developer and the property flagship of the privately held Sino Group. The company engages in residential, office, retail and hotel development, as well as property investment and management. Its operations encompass the full development cycle from site acquisition and planning to construction, leasing and ongoing facilities management. Beyond core properties in Hong Kong, Sino Land holds a portfolio of commercial and mixed-use projects, and it operates integrated retail complexes and serviced apartments under its investment arm.
Founded in 1971 by the late real estate tycoon Ng Teng Fong, Sino Land has grown into one of the territory’s leading developers.
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