Short Interest in Shangri-La Asia Limited (OTCMKTS:SHALY) Decreases By 50.0%

Shangri-La Asia Limited (OTCMKTS:SHALY) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 100 shares, a decline of 50.0% from the November 30th total of 200 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 0.5 days.

Shangri-La Asia Price Performance

Shangri-La Asia stock remained flat at $12.50 during trading hours on Friday. The stock’s fifty day moving average is $13.98 and its 200-day moving average is $13.97. Shangri-La Asia has a 52-week low of $11.91 and a 52-week 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.