Sino Land Company Limited (OTCMKTS:SNLAY) Short Interest Update

Sino Land Company Limited (OTCMKTS:SNLAY) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 2,800 shares, a decline of 68.2% from the September 30th total of 8,800 shares. Based on an average daily volume of 4,700 shares, the days-to-cover ratio is currently 0.6 days.

Sino Land Stock Performance

Shares of OTCMKTS SNLAY remained flat at $5.43 during mid-day trading on Friday. 43 shares of the stock were exchanged, compared to its average volume of 1,399. The stock has a 50 day moving average of $5.38 and a 200 day moving average of $5.35. Sino Land has a 52 week low of $4.86 and a 52 week high of $6.08.

Sino Land Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 12th. Stockholders of record on Monday, October 28th will be issued a $0.2568 dividend. The ex-dividend date of this dividend is Monday, October 28th. This is an increase from Sino Land’s previous dividend of $0.08.

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.