Sands China Ltd. (OTCMKTS:SCHYY) Sees Significant Growth in Short Interest

Sands China Ltd. (OTCMKTS:SCHYY) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 2,400 shares, a growth of 118.2% from the February 28th total of 1,100 shares. Based on an average trading volume of 38,700 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Sands China Stock Down 2.6 %

Shares of Sands China stock traded down $0.55 during midday trading on Friday, reaching $20.65. The company had a trading volume of 47,253 shares, compared to its average volume of 28,001. Sands China has a fifty-two week low of $17.02 and a fifty-two week high of $29.73. The company has a debt-to-equity ratio of 15.44, a current ratio of 1.55 and a quick ratio of 1.53. The stock has a fifty day moving average price of $22.63 and a 200 day moving average price of $23.97.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on SCHYY shares. Citigroup raised shares of Sands China from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 21st. Hsbc Global Res upgraded Sands China to a “hold” rating in a research note on Friday, February 7th.

Sands China Company Profile

Sands China Ltd. develops, owns, and operates integrated resorts and casinos in Macao. It owns and operates The Venetian Macao, The Londoner Macao, The Parisian Macao resort, The Plaza Macao, and The Sands Macao casino; the Cotai Expo, a convention and exhibition hall; and the Cotai Arena and the Londoner Arena entertainment venues, as well as Cotai Water Jet ferry for leisure and business travelers.