Sands China Ltd. (OTCMKTS:SCHYY) Sees Significant Growth in Short Interest

Sands China Ltd. (OTCMKTS:SCHYY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 2,400 shares, a growth of 118.2% from the February 28th total of 1,100 shares. Based on an average daily trading volume, of 38,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Sands China Stock Down 2.6 %

OTCMKTS:SCHYY traded down $0.55 during trading hours on Friday, hitting $20.65. 47,253 shares of the company’s stock traded hands, compared to its average volume of 28,001. Sands China has a 52 week low of $17.02 and a 52 week high of $29.73. The business’s fifty day simple moving average is $22.58 and its two-hundred day simple moving average is $23.99. The company has a debt-to-equity ratio of 15.44, a current ratio of 1.55 and a quick ratio of 1.53.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Hsbc Global Res upgraded Sands China to a “hold” rating in a research report on Friday, February 7th. Citigroup raised shares of Sands China from a “hold” rating to a “strong-buy” rating in a report on Friday, February 21st.

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.