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

Sino Land Company Limited (OTCMKTS:SNLAY) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 700 shares, a decline of 85.7% from the February 13th total of 4,900 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is presently 0.2 days.

Sino Land Stock Down 3.4 %

Shares of Sino Land stock traded down $0.18 on Thursday, hitting $5.15. 22,456 shares of the company’s stock traded hands, compared to its average volume of 3,716. The company has a fifty day moving average of $5.02 and a two-hundred day moving average of $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. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.0965 per share. The ex-dividend date 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.