Shimao Group Holdings Limited (OTCMKTS:SIOPF) Short Interest Down 25.0% in December

Shimao Group Holdings Limited (OTCMKTS:SIOPF) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 1,500 shares, a decrease of 25.0% from the December 15th total of 2,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Shimao Group Price Performance

Shares of OTCMKTS:SIOPF remained flat at $0.19 during trading on Friday. Shimao Group has a 12-month low of $0.19 and a 12-month high of $0.19. The firm’s 50-day simple moving average is $0.19 and its two-hundred day simple moving average is $0.12.

Shimao Group Company Profile

Shimao Group Holdings Limited, an investment holding company, engages in the property development and investment business in the People’s Republic of China. The company develops and invests residential and commercial properties; and operates hotels and shopping malls. It is also involved in the trading of construction materials; management services; and property management activities.