Short Interest in Shangri-La Asia Limited (OTCMKTS:SHALY) Drops By 50.0%

Shangri-La Asia Limited (OTCMKTS:SHALY) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 100 shares, a decline of 50.0% from the November 30th total of 200 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 0.5 days.

Shangri-La Asia Stock Performance

SHALY stock opened at $12.50 on Friday. Shangri-La Asia has a twelve month low of $11.91 and a twelve month high of $14.95. The stock’s 50 day moving average is $14.03 and its 200-day moving average is $13.98.

About Shangri-La Asia

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. 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.