Short Interest in Sino Land Company Limited (OTCMKTS:SNLAY) Drops By 94.4%

Sino Land Company Limited (OTCMKTS:SNLAY) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 200 shares, a drop of 94.4% from the November 30th total of 3,600 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is presently 0.1 days.

Sino Land Stock Down 2.1 %

SNLAY stock traded down $0.10 during midday trading on Friday, hitting $4.82. The company’s stock had a trading volume of 653 shares, compared to its average volume of 4,976. Sino Land has a 1 year low of $4.73 and a 1 year high of $6.08. The stock’s 50-day moving average price is $5.10 and its 200 day moving average price is $5.22.

Sino Land Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 12th. Investors of record on Monday, October 28th were issued a dividend of $0.2568 per share. The ex-dividend date of this dividend was Monday, October 28th. This is an increase from Sino Land’s previous dividend of $0.08.

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.