Shangri-La Asia Limited (OTCMKTS:SHALY) Sees Large Decrease in Short Interest

Shangri-La Asia Limited (OTCMKTS:SHALY) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 300 shares, a drop of 25.0% from the March 31st total of 400 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is presently 0.8 days.

Shangri-La Asia Price Performance

SHALY opened at $14.02 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.99 and a quick ratio of 0.97. The business has a fifty day simple moving average of $13.14 and a 200-day simple moving average of $12.96. Shangri-La Asia has a fifty-two week low of $12.36 and a fifty-two week high of $17.17.

Shangri-La Asia Company Profile

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.