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

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

Shimao Group Trading Down 24.4%

Shimao Group stock opened at $0.02 on Wednesday. Shimao Group has a one year low of $0.02 and a one year high of $0.04. The stock has a fifty day moving average of $0.03 and a 200 day moving average of $0.07.

Shimao Group Company Profile

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.