Short Interest in Sands China Ltd. (OTCMKTS:SCHYY) Expands By 3,182.9%

Sands China Ltd. (OTCMKTS:SCHYY) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 31,122 shares, a growth of 3,182.9% from the May 31st total of 948 shares. Based on an average daily volume of 175,296 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Zacks Research raised shares of Sands China from a “strong sell” rating to a “hold” rating in a research note on Monday. Morgan Stanley downgraded Sands China from an “overweight” rating to an “equal weight” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Sands China Stock Performance

Shares of SCHYY stock opened at $16.77 on Friday. The company’s fifty day moving average price is $19.83 and its 200-day moving average price is $22.23. The company has a debt-to-equity ratio of 4.44, a quick ratio of 0.84 and a current ratio of 0.85. Sands China has a 12 month low of $16.66 and a 12 month high of $29.04.

Sands China Company Profile

Sands China Ltd is a Macau-based developer and operator of integrated resorts and casino properties. As a subsidiary of Las Vegas Sands Corp., the company focuses on the development, ownership and operation of large-scale destination resorts that combine gaming with hotels, retail, dining, meetings and entertainment. Its portfolio includes well-known integrated resorts on the Macau Peninsula and the Cotai Strip that are designed to serve both leisure tourists and business travelers.

The company’s core activities include casino gaming operations (table games and electronic gaming), hotel management, retail mall operations, food and beverage services, and the provision of convention and exhibition facilities.