Sino Land Company Limited (OTCMKTS:SNLAY – Get Free Report) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 4,900 shares, an increase of 880.0% from the January 31st total of 500 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is currently 1.2 days.
Sino Land Price Performance
Shares of OTCMKTS SNLAY traded down $0.68 during midday trading on Friday, reaching $4.75. 1,220 shares of the company’s stock traded hands, compared to its average volume of 3,474. The stock’s 50 day simple moving average is $4.98 and its 200-day simple moving average is $5.16. Sino Land has a one year low of $4.60 and a one year high of $6.08.
Sino Land Cuts Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 2nd. Shareholders of record on Wednesday, March 12th will be issued a $0.0965 dividend. The ex-dividend date is Wednesday, March 12th.
About Sino Land
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.
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