Sands China Ltd. (OTCMKTS:SCHYY – Get Free Report) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 12,300 shares, a growth of 28.1% from the March 31st total of 9,600 shares. Based on an average trading volume of 44,700 shares, the short-interest ratio is presently 0.3 days.
Sands China Trading Up 2.4 %
Shares of OTCMKTS SCHYY traded up $0.57 during trading on Monday, reaching $24.34. The company had a trading volume of 70,966 shares, compared to its average volume of 30,430. The company’s fifty day moving average price is $27.39 and its 200-day moving average price is $27.57. Sands China has a 12 month low of $22.90 and a 12 month high of $39.79.
Analysts Set New Price Targets
Separately, Seaport Res Ptn reiterated a “buy” rating on shares of Sands China in a research report on Sunday, April 14th.
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.
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