Short Interest in Sino Land Company Limited (OTCMKTS:SNLAY) Decreases By 68.2%

Sino Land Company Limited (OTCMKTS:SNLAY) saw 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 trading volume, of 4,700 shares, the short-interest ratio is presently 0.6 days.

Sino Land Stock Down 2.3 %

Shares of SNLAY stock traded down $0.12 during trading on Friday, reaching $5.30. The company had a trading volume of 427 shares, compared to its average volume of 5,103. The firm’s 50 day simple moving average is $5.38 and its two-hundred day simple moving average is $5.35. Sino Land has a one year low of $4.86 and a one year high of $6.08.

Sino Land Increases Dividend

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

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.