Sino Land Co. (OTCMKTS:SNLAY) Sees Significant Growth in Short Interest

Sino Land Co. (OTCMKTS:SNLAY) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,631 shares, an increase of 1,370.2% from the May 31st total of 315 shares. Based on an average trading volume of 19,063 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Sino Land Stock Performance

Shares of SNLAY traded down $0.03 on Thursday, reaching $6.96. The stock had a trading volume of 2,328 shares, compared to its average volume of 8,427. The firm has a 50-day moving average of $7.82 and a 200 day moving average of $7.58. Sino Land has a twelve month low of $4.97 and a twelve month high of $8.89.

About Sino Land

Sino Land Company Limited is a Hong Kong–based property developer and a core member of the privately held Sino Group, which was founded in 1971. The company is publicly listed on the Hong Kong Stock Exchange, and its American Depositary Receipt trades on the OTC market under the symbol SNLAY. Over several decades, Sino Land has established itself as one of the city’s leading real estate firms, leveraging the resources and development experience of its parent group.

The company’s primary activities encompass property development, investment and asset management across a diverse portfolio of residential, office, retail and industrial projects.