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

Sands China Ltd. (OTCMKTS:SCHYY) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 86,796 shares, a growth of 4,594.2% from the February 12th total of 1,849 shares. Based on an average daily trading volume, of 81,942 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 81,942 shares, the days-to-cover ratio is presently 1.1 days.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. HSBC raised shares of Sands China to a “buy” rating in a report on Thursday, January 15th. Zacks Research lowered shares of Sands China from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Sands China Trading Up 1.1%

OTCMKTS:SCHYY opened at $22.16 on Thursday. Sands China has a 52-week low of $15.41 and a 52-week high of $29.04. The stock has a fifty day moving average of $23.50 and a 200 day moving average of $25.29. The company has a debt-to-equity ratio of 5.55, a current ratio of 0.63 and a quick ratio of 0.61.

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.