Sino Land Company Limited (OTCMKTS:SNLAF) Sees Significant Drop in Short Interest

Sino Land Company Limited (OTCMKTS:SNLAF) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 293,300 shares, a drop of 33.2% from the December 15th total of 439,300 shares. Based on an average daily trading volume, of 21,100 shares, the days-to-cover ratio is presently 13.9 days.

Sino Land Stock Performance

Shares of SNLAF opened at $1.19 on Tuesday. The firm has a 50 day simple moving average of $1.25 and a two-hundred day simple moving average of $1.14. Sino Land has a one year low of $0.92 and a one year high of $1.25.

Sino Land Company Profile

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.