Sino Land Company Limited (OTCMKTS:SNLAF – Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 12,167,758 shares, an increase of 98.4% from the July 15th total of 6,133,760 shares. Based on an average trading volume of 132,023 shares, the days-to-cover ratio is presently 92.2 days.
Sino Land Price Performance
Shares of OTCMKTS SNLAF opened at $1.36 on Tuesday. Sino Land has a fifty-two week low of $1.32 and a fifty-two week high of $1.82. The stock’s 50-day simple moving average is $1.34 and its 200-day simple moving average is $1.40.
Sino Land Company Profile
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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