Sino Land Company Limited (OTCMKTS:SNLAF) Sees Large Increase in Short Interest

Sino Land Company Limited (OTCMKTS:SNLAF) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 160,000 shares, an increase of 182.7% from the February 28th total of 56,600 shares. Based on an average daily trading volume, of 6,000 shares, the days-to-cover ratio is presently 26.7 days.

Sino Land Stock Performance

Shares of OTCMKTS SNLAF opened at $0.89 on Friday. The company has a 50 day simple moving average of $1.03 and a 200-day simple moving average of $1.16. Sino Land has a 1 year low of $0.92 and a 1 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.