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

Sino Land Company Limited (OTCMKTS:SNLAY - Get Free Report) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 2,600 shares, a drop of 88.8% from the March 31st total of 23,200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 7,700 shares, the short-interest ratio is currently 0.3 days.

Sino Land Stock Up 3.6 %

SNLAY traded up $0.18 during trading on Friday, hitting $5.06. 3,108 shares of the stock traded hands, compared to its average volume of 3,747. The business has a 50 day moving average price of $5.00 and a 200 day moving average price of $5.06. Sino Land has a twelve month low of $4.50 and a twelve month high of $6.08.

Sino Land Cuts Dividend

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

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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