Sino Land Company Limited (OTCMKTS:SNLAY) Short Interest Up 49.1% in April

Sino Land Company Limited (OTCMKTS:SNLAY - Get Free Report) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 8,200 shares, a growth of 49.1% from the March 31st total of 5,500 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is presently 4.1 days.

Sino Land Price Performance

Shares of SNLAY traded up $0.06 on Friday, hitting $5.35. The company's stock had a trading volume of 29,774 shares, compared to its average volume of 12,177. Sino Land has a fifty-two week low of $4.86 and a fifty-two week high of $6.98. The firm's fifty day moving average price is $5.25 and its 200-day moving average price is $5.22.

Sino Land Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 7th will be paid a dividend of $0.0844 per share. The ex-dividend date of this dividend is Wednesday, March 6th.

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.