Sino Land Company Limited (OTCMKTS:SNLAY – Get Free Report) saw a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 2,200 shares, a decrease of 21.4% from the October 15th total of 2,800 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 2.2 days.
Sino Land Stock Performance
Sino Land stock opened at $4.98 on Friday. Sino Land has a 1-year low of $4.92 and a 1-year high of $6.08. The firm has a 50 day simple moving average of $5.31 and a 200 day simple moving average of $5.34.
Sino Land Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, December 12th. Investors of record on Monday, October 28th will be paid a dividend of $0.2568 per share. This is a positive change from Sino Land’s previous dividend of $0.08. The ex-dividend date is Monday, October 28th.
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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