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

Sands China Ltd. (OTCMKTS:SCHYY) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 20,212 shares, a growth of 588.7% from the July 30th total of 2,935 shares. Based on an average trading volume of 45,840 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Zacks Research downgraded shares of Sands China from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 21st. Morgan Stanley cut shares of Sands China from an “overweight” rating to an “equal weight” rating in a research note on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

Sands China Price Performance

SCHYY opened at $18.50 on Wednesday. The company has a debt-to-equity ratio of 4.44, a current ratio of 0.85 and a quick ratio of 0.84. The stock’s 50 day moving average price is $17.66 and its 200-day moving average price is $20.05. Sands China has a 52-week low of $16.39 and a 52-week high of $29.04.

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.