Short Interest in Sands China Ltd. (OTCMKTS:SCHYY) Expands By 3,182.9%

Sands China Ltd. (OTCMKTS:SCHYY) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 31,122 shares, a growth of 3,182.9% from the May 31st total of 948 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 175,296 shares, the short-interest ratio is presently 0.2 days.

Sands China Price Performance

Shares of SCHYY stock traded down $0.13 on Thursday, hitting $16.77. The company’s stock had a trading volume of 83,150 shares, compared to its average volume of 81,714. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 4.44. The stock’s 50 day moving average is $19.93 and its 200-day moving average is $22.30. Sands China has a fifty-two week low of $16.66 and a fifty-two week high of $29.04.

Analysts Set New Price Targets

Several equities analysts have recently commented on SCHYY shares. Morgan Stanley downgraded Sands China from an “overweight” rating to an “equal weight” rating in a research report on Monday. Zacks Research raised Sands China from a “strong sell” rating to a “hold” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

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.