Sands China Ltd. (OTCMKTS:SCHYY) Sees Large Decrease in Short Interest

Sands China Ltd. (OTCMKTS:SCHYY) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 500 shares, a decline of 91.7% from the January 31st total of 6,000 shares. Based on an average daily trading volume, of 66,900 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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

Sands China Trading Up 0.7 %

SCHYY traded up $0.16 during midday trading on Thursday, hitting $22.74. 21,621 shares of the company traded hands, compared to its average volume of 32,440. The business has a 50 day simple moving average of $23.99 and a two-hundred day simple moving average of $23.37. The company has a debt-to-equity ratio of 15.44, a quick ratio of 1.53 and a current ratio of 1.55. Sands China has a 52-week low of $17.02 and a 52-week high of $29.73.

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.