Sands China Ltd. (OTCMKTS:SCHYY) Short Interest Up 118.2% in March

Sands China Ltd. (OTCMKTS:SCHYY) saw a significant 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 volume of 38,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Sands China Price Performance

Shares of SCHYY opened at $20.65 on Friday. The firm has a 50-day simple moving average of $22.58 and a two-hundred day simple moving average of $24.03. The company has a current ratio of 1.55, a quick ratio of 1.53 and a debt-to-equity ratio of 15.44. Sands China has a 1-year low of $17.02 and a 1-year high of $29.73.

Analyst Upgrades and Downgrades

Several research firms have commented on SCHYY. Hsbc Global Res upgraded Sands China to a “hold” rating in a research note on Friday, February 7th. Citigroup upgraded shares of Sands China from a “hold” rating to a “strong-buy” rating in a research 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.