Short Interest in Shangri-La Asia Limited (OTCMKTS:SHALY) Increases By 700.0%

Shangri-La Asia Limited (OTCMKTS:SHALY) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 800 shares, an increase of 700.0% from the February 13th total of 100 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 0.5 days.

Shangri-La Asia Price Performance

SHALY remained flat at $11.99 on Wednesday. The company has a current ratio of 1.94, a quick ratio of 1.92 and a debt-to-equity ratio of 1.14. The company’s 50 day moving average is $12.34 and its 200 day moving average is $13.39. Shangri-La Asia has a 1 year low of $11.91 and a 1 year high of $14.95.

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.