Sino Land Company Limited (OTCMKTS:SNLAY) Short Interest Update

Sino Land Company Limited (OTCMKTS:SNLAY) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 23,200 shares, an increase of 3,766.7% from the March 15th total of 600 shares. Based on an average trading volume of 9,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 0.0% of the company’s shares are sold short.

Sino Land Trading Down 2.2 %

Shares of SNLAY stock opened at $4.81 on Wednesday. Sino Land has a one year low of $4.55 and a one year high of $6.08. The business’s 50 day simple moving average is $5.05 and its 200 day simple moving average is $5.10.

Sino Land Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 2nd. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.0965 per share. The ex-dividend date of this dividend is Wednesday, March 12th.

About Sino Land

Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties. It operates through six segments: Property Sales, Property Rental, Property Management and Other Services, Hotel Operations, Investments in Securities, and Financing. The company's property portfolio includes shopping malls, offices, industrial buildings, residentials and car parks.