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

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Sino Land Company Limited (OTCMKTS:SNLAY - Get Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 4,900 shares, an increase of 880.0% from the January 31st total of 500 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is currently 1.2 days.

Sino Land Stock Performance

Shares of Sino Land stock traded up $0.02 on Monday, hitting $5.09. 525 shares of the company's stock traded hands, compared to its average volume of 3,306. The firm's 50-day moving average price is $4.99 and its two-hundred day moving average price is $5.15. Sino Land has a one year low of $4.60 and a one year high of $6.08.

Sino Land Cuts Dividend

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

About Sino Land

(Get Free Report)

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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