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

Shimao Group Holdings Limited (OTCMKTS:SIOPF) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 21,320 shares, an increase of 184.3% from the February 26th total of 7,499 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is currently 5.3 days. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is currently 5.3 days.

Shimao Group Price Performance

Shares of SIOPF stock remained flat at $0.03 on Wednesday. Shimao Group has a 1 year low of $0.02 and a 1 year high of $0.04. The business’s 50 day simple moving average is $0.03 and its two-hundred day simple moving average is $0.07.

About Shimao Group

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.