Short Interest in Shangri-La Asia Limited (OTCMKTS:SHALY) Expands By 700.0%

Shangri-La Asia Limited (OTCMKTS:SHALY) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 800 shares, an increase of 700.0% from the February 13th total of 100 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are short sold.

Shangri-La Asia Stock Performance

Shares of OTCMKTS SHALY remained flat at $11.99 during midday trading on Friday. 50 shares of the stock were exchanged, compared to its average volume of 340. The business’s 50-day simple moving average is $12.32 and its 200-day simple moving average is $13.37. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.94 and a quick ratio of 1.92. Shangri-La Asia has a 1 year low of $11.91 and a 1 year high of $14.95.

Shangri-La Asia Company Profile

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.