Sands China Ltd. (OTCMKTS:SCHYY) Sees Large Growth in Short Interest

Sands China Ltd. (OTCMKTS:SCHYY) was the target of 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. Currently, 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Hsbc Global Res upgraded shares of Sands China to a “hold” rating in a report on Friday, February 7th. Citigroup raised Sands China from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 21st.

Sands China Trading Down 2.6 %

SCHYY stock opened at $20.65 on Friday. The business’s 50-day moving average is $22.58 and its two-hundred day moving average is $24.03. The company has a quick ratio of 1.53, a current ratio of 1.55 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.

About Sands China

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.