Sino Land Company Limited (OTCMKTS:SNLAY – Get Free Report) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 2,200 shares, a decrease of 21.4% from the October 15th total of 2,800 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 2.2 days.
Sino Land Trading Down 1.9 %
Shares of OTCMKTS SNLAY traded down $0.10 during midday trading on Friday, reaching $4.98. The company had a trading volume of 559 shares, compared to its average volume of 5,242. Sino Land has a 1 year low of $4.92 and a 1 year high of $6.08. The business’s 50-day simple moving average is $5.31 and its 200 day simple moving average is $5.35.
Sino Land Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, December 12th. Investors 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.
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