Sino Land Company Limited (OTCMKTS:SNLAY) Sees Large Drop in Short Interest

Sino Land Company Limited (OTCMKTS:SNLAY) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 600 shares, a drop of 14.3% from the February 28th total of 700 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 8,800 shares, the days-to-cover ratio is currently 0.1 days.

Sino Land Price Performance

Shares of SNLAY opened at $5.18 on Wednesday. Sino Land has a 12-month low of $4.60 and a 12-month high of $6.08. The business’s 50 day moving average is $5.06 and its 200 day moving average is $5.12.

Sino Land Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 2nd. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.0965 per share. The ex-dividend date of this dividend is Wednesday, March 12th.

Sino Land Company Profile

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.